Barclays Wealth, the global wealth manager and adviser, has appointed Mitch Cox as managing director and head of the global investment and product office.

Cox will be based in New York and will also assume responsibility for leading all of Barclays Wealth's business activities in the Americas. He will report directly to Thomas L. Kalaris, chief executive of Barclays Wealth.

Cox joins from Merrill Lynch Global Wealth Management, where he most recently headed up the global investment solutions group, having previously run its global private client market investment and origination and structured products origination and sales divisions - all at managing director level.

Prior to joining Merrill Lynch in 1997, Cox worked in the Private Bank of the Bankers Trust where he was responsible for delivering derivative and hedge fund business. Previous to that he was an attorney at Skadden Arps.

Kalaris says: 'Barclays is poised to become one of the world's premier wealth managers and advisors. Mitch has an excellent track record in building and managing private client businesses throughout his 20-year career. With his joining comes the potential for us to fundamentally shift our investment and product capabilities in terms of scale, portfolio construction and distribution. We have also been very clear about our commitment to building a leading wealth management business in the Americas, and Mitch will be responsible for developing a best-in-class infrastructure and investment platform to power it, to attract the best financial advisors and to further our franchise in serving high net worth clients.'


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