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Singapore skyline

Barclays celebrated 40 years in Singapore this month with two major events and the announcement of a new charity sponsorship.

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Singapore is enormously important to Barclays, both globally and regionally; we are very proud of our business and presence here, and greatly value the welcoming and talent-rich business environment that it offers.
Suan Kiat Quek, Country Head

Barclays’ Singapore 40th Anniversary Reception was held in the Flower Dome in Singapore’s spectacular Gardens by the Bay on Thursday evening and focused on ‘Growth and Sustainability’. The evening highlighted how during the past 40 years the bank has contributed to the growth of individuals, businesses, institutions, governments and communities in Singapore and across the region. Almost 300 clients, regulators and Barclays employees past and present were in attendance.

The event was not only a celebration of the past, with one of the founding employees in Barclays’ first Singapore operation, John Carruthers, welcomed on stage. It also looked to the future. Barclays Singapore Country Head Suan Kiat Quek spoke about developing future talent, with the bank recruiting more than 250 graduates from Singapore’s top three universities over the last four years alone. Barclays Vice Chairman Sir David Wright was also in attendance from London to toast Barclays’ next 40 years in Singapore.

Suan Kiat announced a new three year flagship community investment project with local Singapore charity Care Corner at the reception. The project will fund a new leadership development programme, Youth Rangers, equipping 13-17 year old at-risk teens with the necessary life skills to prepare them for employment. The three-year, S$450,000 investment will be complimented by a major commitment of Barclays’ employee volunteer hours.

“Barclays continues to be an active participant in market developments in Singapore, building strong partnerships with the Singapore business community and its institutions,” said Robert Morrice, CEO and Chairman, Barclays Asia Pacific.

“Singapore is enormously important to Barclays, both globally and regionally; we are very proud of our business and presence here, and greatly value the welcoming and talent-rich business environment that it offers.”

The anniversary was also marked by the fourth annual Barclays Singapore Family Day, held this year at Singapore Zoo, in which 950 staff and their immediate families, more than 3,000 people in total, celebrated Barclays’ achievements and bonded in an informal environment.

Today Barclays operates Corporate and Investment Banking, Wealth and Investment Management and a Retail Banking Technology Centre in Singapore, employing more 3,500 full time employees.

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