Barclays Selects Antony Stephen as CEO of Its POS Finance Business

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Barclays, one of the world’s largest banks, announced yesterday that Antony Stephen, a former Managing Director of Stress Testing and Competitive Analytics at JPMorgan Chase, will be joining the Group as the new Chief Executive Officer for the Barclays Partner Finance (BPF) business on Monday 4 October 2021.

In an official announcement, Barclays mentioned that BPF is one of the UK’s leading providers of point-of-sale finance and regulated BNPL lending. The financial services provider aims to accelerate the expansion of the point-of-sale finance business in the UK.

Stephen has over 25 years of experience in the global payments and financial services industry. In his recent role as Head of Amazon Payments Europe, Stephen led a $50+ billion portfolio of payment products including credit cards, instalment loans, and a financial services marketplace.

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Barclays has expanded its team substantially in the last few months to increase its business in different regions. Earlier this month, the financial services provider appointed Davide Sala as its new Managing Director and Head of Industrials M&A for Europe, Middle East and Africa (EMEA). In June 2021, Ee Ching Tay, the former Managing Director and Head of Southeast Asia M&A at JPMorgan, joined Barclays as the new Head of Southeast Asia Banking.

Expansion of POS Finance Business

In the recent press release, Barclays highlighted that Stephen will focus on scaling the point-of-sale finance business of Barclays in the UK. Moreover, he will provide senior…

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