Barclays Asia FX strategy head departs

Author: Robert Mackenzie Smith

Source: FX Week | 12 Nov 2012

Categories: People

Head of FX strategy for Asia ex-Japan has left Barclays after just 15 months at the bank

Olivier Desbarres, director and head of foreign exchange strategy for Asia-Pacific ex-Japan at Barclays, has left the bank.

Based in Singapore, Desbarres joined Barclays in August 2011 to provide focused leadership to its emerging Asian and G-10 FX research across Asia, including Australia and Japan. He reported initially to Paul Robinson, then head of global FX research, and Jon Scoffin, head of research for Asia-Pacific and head of global credit research.

Desbarres joined Barclays from Credit Suisse after 13 years at the Swiss bank. He held a number of roles within the economics and strategy functions in the research division and since May 2008 was Asia currency strategist in Singapore and spokesperson for G-10 FX.

Barclays reshuffled its strategy team last month, moving London-based Paul Robinson to a cross-asset research role. Jose Wynne, head of North America FX research, has taken over his role as head of global FX research.

Desbarres is understood to have been been dismissed from his role after a damaging video appeared on the internet. Barclays declined to comment on the circumstances of his departure.

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