Barclays Capital Appoints Head of Telecoms, Internet and Media for Asia Ex-Japan Equity Research

Hong Kong (3 May 2011) - Barclays Capital, the investment banking unit of Barclays Bank PLC, announces the appointment of Anand Ramachandran as Managing Director, Head of Telecoms, Internet and Media Sector, Asia Ex-Japan Equity Research.

Mr Ramachandran will have responsibility for establishing and leading the telecoms, internet and media sector research team across Asia Ex-Japan region. He will be based in Hong Kong and will report to Stephen O’Sullivan, Head of Asia Ex-Japan Equity Research.

Mr Ramachandran joins Barclays Capital from Citi where he was most recently Managing Director, TMT Global Banking, and was previously Deputy Head of Pan Asian Research and Head of Asia Entertainment, Media and Telecoms Research at Citi Investment Research and Analysis. He has 14 years experience covering the Asian media and telecoms sectors and led telecoms research teams that ranked first, third and runners-up respectively in the All-Asia Institutional Investor Research Survey, 2008-2010. He was also recognized as the #2/#1 stock picker in the telecommunications sector (#5/#7 overall) for 2009-2010 in the Financial Times Starmine Awards for Asia.

The arrival of Mr Ramachandran to lead and cover the telecoms, internet and media sectors continues the expansion of Barclays Capital’s equity research capabilities in Asia Pacific which already include coverage of the Banking, Consumer, Industrial, Insurance, Property and Technology sectors.

Commenting on the appointment, Stephen O’Sullivan, said: “Anand’s arrival is another significant phase in the continued build out of our Asia Pacific Equity Research platform. We are extremely pleased to expand our coverage of our Asian equity markets by bringing in someone with such a wealth of experience and strong track record with clients and in the leading institutional surveys. This appointment adds significant value to our global client offering in the telecoms, internet and media space.”

Barclays Capital is recognized as a premier global bond house and has won numerous awards. In 2010, the firm was ranked as the “Bond House of the Year” by IFR, the “Best Bank for Emerging Markets Bonds” by Credit Magazine and the “Best Primary Debt House” by Euromoney.

The firm’s research capabilities are also widely recognized in recent months. The team is ranked “Best Fixed Income Research House” in FinanceAsia’s 2010 Fixed Income Research Poll and “Best Emerging Asia Currency Forecaster” by Bloomberg for the six quarters ended 31 December 2010.

ENDS

Contact:
Allister Fowler
+852 2903 4094
allister.fowler@barcap.com

About Barclays Capital

Barclays Capital is the investment banking division of Barclays Bank PLC. With a distinctive business model, Barclays Capital provides large corporate, government and institutional clients with a full spectrum of solutions to their strategic advisory, financing and risk management needs. Barclays Capital has offices around the world, employs 25,000 people and has the global reach, advisory services and distribution power to meet the needs of issuers and investors worldwide.