Barclays Capital Names M&A Leadership Team

NEW YORK (Reuters) – Barclays Capital, the investment banking arm of Britain’s Barclays PLC, on Monday announced the leadership team for its mergers and acquisitions business after buying Lehman Brothers’ North American investment banking unit.

Barclays said the following bankers would be in charge of mergers and acquisitions in their respective sectors: Barry Boniface (communications); James Ben (consumer); Rich Bonaventura (co-head, financial institutions); Brad Whitman (co-head, financial institutions); Drew Burch (healthcare); Scott Mohr (industrial); Greg Dalvito (media); Gary Posternack (natural resources); John Lange (power M&A and power corporate finance); Lisa Beeson (real estate); Ken Siegel (retail); and Drago Rajkovic (technology). All the sector heads were previously employed by Lehman Brothers.

The bank said Jitesh Gadhia and Simon Hargreaves will be co-heads of M&A for Europe, the Middle East and Africa (EMEA), both from Barclays.

Jason Rynbeck, also of Barclays, will remain head of M&A for Asia Pacific, and Frank Hancock will continue to report to Rynbeck as head of M&A for India.

Udi Margulies, a former Lehman banker, will be head of M&A for Latin America.

Barclays also named Gary Matt as head of exclusive sales for the business, Mark Shapiro as head of its restructuring and finance group, and Hal Edelman as head of its M&A tax and structuring business. Matt, Shapiro and Edelman were all at Lehman before the acquisition.

Barclays took over Lehman Brothers North American investment banking and capital markets businesses after the bank collapsed in September.