Barclays Wealth and Investment Management has promoted Simon Phillips and Jenny Clayton to directors as part of this 2014’s promotions round.
Phillips, who is based in Jersey, was appointed as head of captive insurance in Barclays’ wealth and investment management division in 2012 to develop the captive insurance proposition.
His role includes working with Barclays multi-jurisdictional team, which provides banking, credit, investment and trust solutions across global captive insurance jurisdictions in Europe, Bermuda and Caribbean and US onshore.
Clayton leads the compliance teams which operate in Guernsey, the Isle of Man and Jersey and specialises in regulatory compliance across all areas of the business.
Clayton is also a committee member of the Barclays Jersey Women’s Initiative Network helping to promote the development and key progression of talented individuals within the business.
Managing Director at Barclays, Paul Savery, said: “Developing individuals whilst recognising their achievements, is an important part of Barclays’ strategy to invest in our employees. It’s brilliant to see so many of our employees taking on greater responsibility in their roles within the company.”