Barclays announced the appointment of Ingrid Hengster as country chief executive for Germany and global chairman of investment banking.
Hengster joins from KfW, the German state-owned investment and development bank, where she held the role of executive board member since 2014.
“The almost eight years at KfW were very rewarding because I had the opportunity to contribute significantly to society in a key position. I’m now looking forward to a new challenge in this exciting German and global role at Barclays,” Hengster said.
She will be responsible for executing Germany’s country strategy in line with Barclays’ regional and global ambitions. She will also act as senior sponsor for key investment banking clients in the Germany, Austria and Switzerland (DACH) region.
Hengster will report to Francesco Ceccato, CEO of Barclays Europe, who commented Germany is at the heart of the bank’s European expansion strategy.
“Ingrid’s client focus and leadership experience make her an ideal choice for the Country CEO role, and I’m confident that our talented colleagues in Germany will benefit enormously from her guidance and counsel,” he said.
The British bank also announced the appointment of Anthony Samengo-Turner as head of M&A for the DACH region in April.