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Barclays PLC - London-based bank - Omar Faruqui, ‘one of Barclays’ most experienced advisory practitioners,’ is named as next director general of the UK’s Takeover Panel, effective from May 1. Faruqui is Barclays’ co-head of Europe, Middle East & Africa Mergers & Acquisitions; co-head of UK Advisory; and on the management team of EMEA Investment Banking. After taking up the director general post, he will be on a two-year secondment from Barclays. He joined Barclays in 2018, having previously worked in advisory roles at HSBC, Deutsche Bank and Rothschild. Takeover Panel says he ‘has acted for clients across a wide range of sectors, advising on hostile and recommended takeovers, bid defences, mergers and private company transactions’. Current stock price: 166.82 pence, up 0.6% on Tuesday 12-month change: down 3.3% Copyright 2024 Alliance News Ltd. All Rights Reserved.
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