Barclays : appoints CEO, Global Head of Payments Acceptance in Cards & Payments business

London, 17 July 2018 - As it continues to expand its business and payments capabilities built over many years, Barclays has today announced the appointment ofRob Cameronas CEO, Global Head of Payment Acceptance. This role will sit at the helm of Barclaycard Payment Solutions and will bebased in London, UK.

Barclaycard Payment Solutions is the number one payment processor in the UK and number two in Europe. It enables merchants to take payments, and already processes more than 1 in 3 card payments in the UK with over £245 billion processed in 2017.

Mr. Cameron will report to Barry Rodrigues, CEO of Cards & Payments, and brings 20 years of experience in merchant acquiring and payments. Mr. Cameron joins Barclays from JP Morgan Chase where he was President of Chase Merchant Services Canada and Partnerships and led on the recent acquisition and integration of platform payments leader WePay in the US.

Mr. Cameron will lead the expansion of Barclaycard Payment Solutions leveraging the investment in our core platform, the purchase of The Logic Group, our market leading position in the UK and the breadth of payment and banking offerings from across Barclays PLC.

Mr. Cameron will join Barclays on 8 October.

Barry Rodrigues commented: 'I am delighted that Rob will be leading our global payments acceptance business and I am confident that he will be a tremendous asset to Barclays as we look to expand in this exciting space. Rob brings strong payments and acquiring knowledge, leadership skills and customer experience which will continue to drive our momentum forward.'

Rob Cameron said: 'Barclays has a tremendous track record in the industry which I've watched closely for years. I'm thrilled to be joining a team with such a depth of talent, the capabilities to innovate and execute at a global scale and am enthusiastic about the future of the business.'

Today Barclays is also announcing the appointment of Michael Reed as MD UK Merchant Acquiring and International Expansion. Michael brings an impressive 20 years of merchant acquiring experience and his latest role was as Managing Director of BofA Merrill Lynch Merchant Services, the European subsidiary of Bank of America Merchant Services.

Michael will start with Barclays on 3 September and will report to Rob Cameron when he joins.

About Barclays

Barclays is a transatlantic consumer and wholesale bank offering products and services across personal, corporate and investment banking, credit cards and wealth management, with a strong presence in our two home markets of the UK and the US.

With over 325 years of history and expertise in banking, Barclays operates in over 40 countries and employs approximately 80,000 people. Barclays moves, lends, invests and protects money for customers and clients worldwide.

For further information about Barclays, please visit our website www.home.barclays .