Barclays announces new leadership for Global Equities

Barclays announced the appointment of Scott McDavid and Ronnie Wexler as Global Head of Equities, and Global Head of Equities Distribution respectively.

Scott will join Barclays in September, reporting to Adeel Khan, Co-Head of Global Markets, and be based in New York. He joins Barclays after close to 20 years at Morgan Stanley where he was most recently Co-Head of Equities Trading for Americas. In this role, Scott will lead the Barclays Global Equities team and have oversight and responsibility for Equities Distribution and Prime.

Ronnie will join Barclays in June, reporting to Stephen Dainton, Co-Head of Global Markets, and be based in New York. He joins Barclays from NYDIG where he has served as Global Head of Business Development. Prior to NYDIG, he spent close to 20 years at Goldman Sachs where he held several leadership positions across Securities Division Distribution. Ronnie will be responsible for growing Barclays Equities client franchise and deepening client relationships through collaboration across sales, trading and research.

Together, Scott and Ronnie bring to Barclays a unique blend of leadership, expertise and vision, and a demonstrated track record of executing against strategy and delivering outstanding client outcomes. Their appointments reflect Barclays ambition for the Equities business, and broader aspirations within Global Markets and the Corporate and Investment Bank.

Stephen Dainton and Adeel Khan, Co-Heads of Global Markets, commented:
“We have made terrific progress in growing our Equities business over the last four years, including delivering £1bn in incremental revenue and increasing market share by 150bps between 2019-2022. Looking ahead, Scott and Ronnie will help us continue to evolve the business, execute our next set of priorities, and deliver our next phase of growth.”