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Barclays strengthens its global Trade & Working Capital team with new European hire

03 Aug 2012 12:33 GMT

Barclays continues to grow its global Trade and Working Capital team with the appointment of Eugenio Cavenaghi as Director for Trade and Working Capital Product Management, Europe.

Cavenaghi joins Barclays from UniCredit, where he was Global Head of Trade Product Development and Sales Facilitation. Prior to this, Cavenaghi held the role of Global Product Manager in the trade and cash division at Deutsche Bank.

Based in Frankfurt, Cavenaghi will be responsible for product management activities across the trade and working capital business and supporting German and international clients with their trade finance needs.

Cavenaghi will be part of Barclays EMEA Trade and Working Capital Leadership team reporting to Baihas Baghdadi, Head of Trade and Working Capital for EMEA in the region and Ray Zabarte, Global Head of Trade and Working Capital Product Management.

Commenting on the appointment, Baihas Baghdadi, Head of Trade and Working Capital for EMEA said; “Growing our trade and working capital capabilities is key to our long-term corporate banking strategy and Eugenio’s appointment further builds on our aim of enhancing our presence in the European market by delivering best in class financial product solutions to suit our clients’ business needs.”


About Barclays

Barclays is a major global financial services provider engaged in personal banking, credit cards, corporate and investment banking and wealth and investment management with an extensive international presence in Europe, the Americas, Africa and Asia.

With over 300 years of history and expertise in banking, Barclays operates in over 50 countries and employs approximately 140,000 people. Barclays moves, lends, invests and protects money for customers and clients worldwide.

For further information about Barclays, please visit our website www.barclays.com.