By MICHAEL J. DE LA MERCED
Barclays has named Larry Wieseneck as its chief strategy officer, a newly created role, according to an internal memorandum reviewed by DealBook on Monday.
Mr. Wieseneck, a Lehman veteran who was named Barclays’ head of global finance and risk solutions in 2008, will assume the role immediately, according to the memo by Jerry del Missier and Rich Ricci. He will remain based in New York City and will join the firm’s executive committee.
In his new position, Mr. Wieseneck will be responsible for making sure that all of Barclays’ businesses are focused on the firm’s strategic plans.
From the memo:
Barclays is operating in an environment of significant regulatory and market change, and we must remain disciplined and coordinated as we continue to gain momentum. Larry will work with all of our businesses and regions to ensure alignment between our intermediate and long-term strategic objectives, and our near-term goals and responsibilities. He will have global oversight in coordinating the execution of our strategy.
Mr. Wieseneck will continue to be involved in working with clients as well, according to the memo.
He will be succeeded by John Langley and Joe McGrath. The two will report to Hugh McGee, Barclays’ head of global investment banking, and will join the investment bank’s executive committee.
Mr. Langley, who joined Barclays from Merrill Lynch in 2006, was named head of global risk solutions last year. Mr. Mcgrath joined Barclays from Goldman Sachs in 2006 and was named head of global leveraged finance in 2010.
A Barclays spokeswoman confirmed the contents of the memo but declined further comment.