DIFC hosts Barclays' Group Chief Executive in honour of its 30th anniversary in the UAEPress Release 28 Nov 2005 01:14 pm
The Dubai International Financial Centre hosted a lunch today in honour of John Varley, Group Chief Executive, Barclays Group, one of the world’s largest financial institutions, to mark its 30th year of operations in the UAE.
Dr Omar Bin Sulaiman, Director General of the Dubai International Financial Centre Authority, welcomed Mr. Varley and senior management of the bank to the Gate building. Among the guests were: Mr John Varley, Group Chief Executive of Barclays Group, Mr Cyrus Ardalan, Vice Chairman, Barclays Capital, Mr Nicholas Hegarty, Head, Middle East & North Africa, Barclays Capital, Mr Michael Morley, CEO, Barclays Private Banking and Mr William Oullin, Chairman, Barclays Private Banking.
In July of this year, Barclays Capital, the bank’s investment bank, opened its office in the DIFC.
The lunch was also attended by a number of prominent and successful UAE-based businesspeople. These included K.P. Rajan, Chairman Al Habtoor Group, Ibrahim Belsaleh, CEO Al Reem, Mohan Ghansam Das Valrani, Deputy Chairman and MD, Al Shirawi Group of Companies, Fadel Ali, CFO, Dubai Holdings, Maurice Flanagan, Vice Chairman, Emirates Airline.
Dr Omar Bin Sulaiman commented:
“I congratulate Barclays on their 30th anniversary in the UAE and look forward to their continued success for many more years to come. They have unmatched and long-proven experience in the international banking industry. Barclays Capital has an outstanding record in investment bankingand it is our privilege to host them at the DIFC.”
Barclays Capital is part of Barclays Bank, a major international banking and financial group with offices in 60 countries and over 110,000 full time employees.