Barclays Asia Private Banking Head Exits in Revamp
The Asia head of London-based Barclays’ private banking division has left after two years on the job.
Nitin Singh, former head of private bank, Asia, has decided to leave Barclays, according to a statement. He joined the bank in 2023 for the Mumbai-based role after more than 20 years of experience, including at British rivals Standard Chartered and HSBC.
Singh’s exit is part of a broader revamp of Barclays' international private banking business towards a «market-led approach» that places the client at the center and organizes resources according to their needs, irrespective of jurisdiction and booking center. This model was adopted in the Middle East in the second quarter of 2025 and will be extended to Asia, Europe, and Africa.
The Singapore business will continue to be led by Evonne Tan, while the current head of distribution for private bank India Adrish Ghosh will be the interim private bank India head. They will both report directly to Annabelle Bryde, head of private bank international.
Ambitious Business Plans
According to Barclays, there are no changes to its hiring plans, having previously said that it would aim to triple the size of its wealth teams in Singapore and India as part of its goal of quadrupling assets by the end of 2028. In Singapore, the bank is still working on delivering the buildout of its booking center by next year.
«Barclays Private Bank International is pivoting to a market-led approach and simplifying its local business structures,» the bank added in the statement. «Asia has a central priority for Barclays Private Bank International, with a focus on delivering for clients and building on momentum in the region.»
