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Asset Management / Wealth Management / On The Move
Barclays Private Bank beefs up Singapore office
Tom Road appointed deputy head, Wengmun Loh named head of dealing and derivatives for local market
The Asset 5 Jun 2023
Tom Road (left) and Wengmun Loh
Tom Road (left) and Wengmun Loh

Barclays Private Bank has announced two senior appointments in its Singapore office as part of efforts to strengthen its presence in Asia.

Tom Road has been appointed deputy head, Singapore. Reporting to Evonne Tan, head, Singapore, Road will focus on meeting the needs of ultra-high-net-worth clients and global family offices in the city-state.

After working for Barclays Private Bank in London over the past 13 years, covering UHNW clients and global family offices, Road has relocated to Singapore to take up his new role.

Prior to joining Barclays, Road was a senior lawyer at Linklaters, specializing in M&A for real estate clients, ranging from sovereign wealth funds and listed property companies to private investors.

Wengmun Loh has been appointed head of dealing and derivatives, Singapore. He has been with Barclays since 2008 and was most recently head of UK direct access for Barclays Private Bank, London. Relocating to Singapore, Loh will be responsible for building up the capital markets and trading capability of the firm in Singapore.

He will report locally to Ken Sze, head of investments Asia, and functionally to Aurelien Callegari, global co-head of capital markets and head of structured products.

Loh has over 30 years of trading experience across various asset classes including derivatives, foreign exchange, equities, and fixed income. He had worked on the trading desks of HSBC, Société Générale, and Bloomberg.

Previously, Loh was head of dealing, Barclays Wealth, Asia, responsible for the dealing and sales trading desks in Singapore, Hong Kong, and Mumbai.

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