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Head of banking for Barclays in Italy, Pier Luigi Colizzi, has been named the bank’s new head of mergers and acquisitions (M&A) across Europe, Middle East and Africa (EMEA).
Colizzi, who joined Barclays in 2012, will replace Matthew Ponsonby, who held the position since 2009. Ponsonby will now focus on his role as co-chief operating officer of global banking.
It is the latest shake-up of management at Barclays under chairman John McFarlane, who pushed out chief executive Antony Jenkins at the beginning of July. At the time, he argued that a “new approach” in leadership was required to lead the bank into a new era of growth.
Alessandra Pasini will take over from Colizzi as head of banking in Italy. Pasini joined Barclays in 2013 as deputy head of banking for Italy after spending 16 years at Citi.