Barclays Expands Sustainable and Impact Investment Banking Team with Series of Senior Hires
Barclays announced a series of new senior appointments to its Sustainable and Sustainable and Impact Investment Banking (SIB) team, including Arnoud Boksteijn as Managing Director, Cindy Quan as a Director and Head of Americas ESG Advisory, and Bogdan Oprea as a Director.
Launched in 2019, Barclay’s SIB advises and raises capital for companies focused on addressing environmental and social issues, and supports larger-cap companies to transition their businesses through ESG-related financing and strategic transactions.
Brian Reilly, Global Co-Head of Sustainable and Impact Banking at Barclays, said:
“These senior hires reflect our commitment to expanding our world-class team who are focused on delivering expertise to clients as they look to develop new climate tech solutions, as well as supporting corporations as they navigate the transition towards a low-carbon economy.”
In his new role at Barclays, Boksteijn will cover the food, agriculture and agricultural technology sectors. Boksteijn joins the firm from Credit Suisse, where he most recently served as Managing Director and Head of Global Agriculture and the Agriculture Technology in the firm’s Industrials Group.
Quan joins the firm from Goldman Sachs’ Investment Banking’s Decarbonization Team, and after also serving as Global Head of ESG, Corporate and Workplace Solutions at Goldman. In her new role, she will provide advice to clients on ESG aspects of M&A and equity capital transactions.
Oprea joined Barclays in May, after more than 20 years at Citi, where he most recently served on the industrials investment banking team. In his new role at Barclays, he focuses on battery technology, solar equipment, recycling, and agricultural technology solutions.
The new appointments follow an announcement by Barclays late last year of a goal to facilitate $1 trillion of sustainable and transition financing between 2023 by the end of 2030. To date, the company said that it has delivered over £87 billion ($112 billion) of green finance towards its goal.
Marie Freier, Global Co-Head of Sustainable and Impact Banking at Barclays, said:
“We are uniquely placed to provide clients with the advisory and access to capital they need as they strive to meet social and environmental goals. Attracting the best talent globally with specialist knowledge of more carbon intensive sectors, at the same time as supporting emerging growth companies that may present innovative solutions to the challenges we face, is critical as we support clients on the transition to a low-carbon economy.”