Richard Satchwell, who is the Country CEO and Head of Investment Banking for Australia. Working closely with him are Managing Directors Duncan Beattie and Duncan Connellan, who play significant roles in expanding Barclays’ investment banking presence in the region, focusing on international capital markets financing and corporate finance solutions.
Based in Sydney, Richard has been instrumental in driving Barclays’ growth initiatives since the re-establishment of its Australian office in 2018. Under his leadership, the bank has regained a strong position in the leveraged finance market, facilitated offshore capital markets issuances, and provided innovative Environmental, Social, and Corporate Governance (ESG) solutions. Satchwell has played a key role in Barclays’ partnership with Barrenjoey Capital Partners, further solidifying the bank’s presence in the Australian financial landscape.
Before moving to Australia, Satchwell held various investment banking roles in London, where he joined Barclays in 2005. Prior to that, he worked at the law firm Allen & Overy for six years, specializing in acquisition finance. He holds a Bachelor of Laws (Hons) from Sheffield Hallam University and a diploma from the College of Law in Chester. He is also a qualified solicitor in England and Wales.
Satchwell’s leadership has been pivotal in securing Barclays’ foreign ADI license in Australia, enabling the bank to operate as a foreign bank branch and further expand its client base in the region. This development, along with strategic partnerships, reflects Barclays’ long-term commitment to the Australian financial market.
Barclays Bank is not just a financial institution; it’s a testament to the power of innovation, resilience, and forward-thinking in the global banking landscape. Founded in 1690 as a modest goldsmith banking business in London, it has grown into one of the world’s leading financial giants, serving millions of customers in over 40 countries. Its legacy spans more than three centuries, a period during which it has consistently pioneered industry-defining innovations.
Barclays’ revolutionary introduction of the world’s first Automated Teller Machine (ATM) in 1967, and its leadership in digital banking, illustrate the bank’s commitment to pushing the boundaries of possibility. Today, Barclays continues to be a leader in sustainable finance, with a strong focus on supporting a low-carbon economy. By driving initiatives that align financial growth with environmental responsibility, Barclays is playing a crucial role in shaping a more sustainable future.
Barclays’ ethos of innovation extends beyond technology to social responsibility. The bank has embraced key values of diversity, inclusion, and community impact, making a difference not only in financial markets but also in people’s lives. Through programs that focus on financial literacy, business growth for underrepresented entrepreneurs, and philanthropy, Barclays demonstrates how banking can be a force for good.
In essence, Barclays represents more than just banking—it stands as a beacon of progress, constantly evolving to meet the needs of individuals, businesses, and society. With every step forward, it’s helping to build a future where finance empowers and uplifts all.