Barclays Expands Leadership in ESG Banking With Appointments in ECM, DCM and Advisory
August 10 2020 - 9:40AM
Business Wire
Investment Bank appointments expand ESG advisory capabilities
for clients, and will accelerate Barclays’ work to meet commitments
on climate change
Barclays today announces new additions to its Investment Bank
teams leading work on environmental, social and governance-related
finance work with clients, with Managing Director and Director
appointments in Equity Capital Markets, Debt Capital Markets, and
Advisory.
“The financial services industry has a significant role to play
in helping the world move to a greener and more sustainable future.
These appointments will provide significant expertise and focus for
our clients on ESG topics,” says Joe McGrath, Global Head of
Banking. “Barclays has clear guidelines and targets in place for
our work, to reduce significantly the impact that finance has on
climate change. Through these appointments, we are demonstrating
our ongoing commitment to ensure that Barclays is at the forefront
of the financial services industry’s work around all ESG-related
topics.”
Justin Peagram, a Managing Director in Banking Coverage,
joins the Sustainable and Impact Banking (SIB) team, and will focus
on sustainable energy and other emerging growth areas. Justin joins
SIB from the Natural Resources Banking team, where he spent the
past 13 years covering clients in the upstream, midstream and
infrastructure sectors. In this new role, Justin will lead
Barclays’ efforts in identifying and covering emerging growth
companies whose businesses and platforms span the spectrum of clean
energy, from new technologies and energy sources, to energy
transition and related infrastructure requirements. Justin will
work alongside Jed Lynch, Head of Americas SIB, May Jaramillo, Head
of European SIB, and the rest of the SIB team. Created last fall,
Barclays’ SIB team is the investment banking industry’s first-ever
coverage team focused on working with emerging and growth companies
that are solving environmental or social challenges, and on
advising clients on sustainable growth strategy and finance.
Amit Chandra, a Managing Director in Equity Capital
Markets (ECM), is leading Barclays’ Equity Capital Markets
Sustainable and Impact Banking effort in the Americas. Amit’s team
is responsible for partnering with colleagues across the broader
ECM and industry coverage teams to identify and originate equity
solutions for companies whose businesses are focused on solving
environmental issues. Amit also continues in his role as Americas
Head of the Natural Resources vertical within ECM, and will
continue to report to Kristin DeClark and Taylor Wright, Co-Heads
of Americas ECM.
Greg Cass and Atul Jhavar, Directors in Debt
Capital Markets (DCM), join the team led by Susan Barron, Global
Head of Green & Sustainable Capital Markets, to run Barclays’
green, social and sustainability debt financing business for
investment grade clients in the Americas and Asia-Pacific,
respectively. In their roles, Greg and Atul will continue to work
with partners in DCM and Fixed Income Syndicate in their respective
regions to originate, structure and execute ESG debt products.
And, as green, social and sustainability-linked products are
becoming increasingly important in the non-investment grade market,
Alex Dyroff and Eldar Pius will serve as ESG
ambassadors within Barclays’ Leveraged Finance business in the
Americas and in Europe and the Middle East, respectively.
For the first half of 2020, Barclays ranked second in
sustainability-linked bond underwriting globally, according to
Refinitiv.
At Barclays’ 2020 Annual General Meeting, shareholders voted
99.93% in support of Barclays’ climate change objectives, as
detailed in Barclays’ Climate Change policy. More detail can be
found on Barclays’ ESG resource hub.
Barclays is a British universal bank. We are diversified by
business, by different types of customer and client, and geography.
Our businesses include consumer banking and payments operations
around the world, as well as a top-tier, full service, global
corporate and investment bank, all of which are supported by our
service company which provides technology, operations and
functional services across the Group. For further information about
Barclays, please visit our website www.barclays.com. Barclays
offers investment banking products and services in the US through
Barclays Capital Inc.
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Mark Lane +1 212 412 1413 mark.lane@barclays.com
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