Deals
Barclays EMEA Banking Chairman Leaves Lender
- Azar to return as a senior adviser in January next year
- Azar joined Barclays in 2010 after stints at KKR, Lehman
This article is for subscribers only.
Makram Azar, chairman for Barclays Plc’s Europe, Middle East and Africa banking operations, retired from his role at the British lender, according to a memo to obtained by Bloomberg News.
Azar, who also headed the bank’s Middle East’s operations, will return as a senior adviser in January 2019, according to the memo issued by Joe McGrath, global head of banking. He is leaving the bank to pursue new business opportunities and spend more time with his family, the memo said. The contents of the memo were confirmed by a spokesman.