- Matthew Barrett
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For the Ohio politician, see Matt Barrett.
Matthew William Barrett, OC (born September 20, 1944) is an Irish Canadian banker who until 2006 was the Chairman of Barclays Bank.
Born in County Kerry, Ireland, he attended the Christian Brothers School in Kells, County Meath, and attended the Harvard Business School Advanced Management Programme in 1981.
He started his banking career in the London office of the Bank of Montreal (BMO) in 1962, and moved from London to Canada in 1967. In 1976 he left BMO for a 9-month period when he joined the Royal Bank of Canada, but returned to the Bank of Montreal after this brief period. By 1987 he had become President and Chief Operating Officer of the Bank of Montreal. In 1990 he was elected Chairman of the Bank of Montreal, where he worked for more than 30 years.
After serving a short stint as Chairman of Irish state-owned bank ACCBank,[citation needed] he returned to Britain on joining Barclays on 1 October 1999 as Group Chief Executive.[1] (The move followed a proposed merger of the Bank of Montreal with the Royal Bank of Canada being turned down by the competition authorities: "I'd be fibbing if I said that it was not a blow at the time.")
He then became Chairman in 2004,[chronology citation needed] and retired on 31 December 2006, succeeded by Marcus Agius.[1]
Barrett is twice divorced (married Irene Korsak c. 1967, divorced 1995; married Anne-Marie Sten, 1997), with four children from his first marriage. He was made an Officer of the Order of Canada in 1994, and has dual Irish and Canadian citizenship.
Notes
- ^ a b Ben, Livesey; Jon Menon (31 August 2006). "Barclays Names Lazard's Marcus Agius as Chairman (Update2)". Bloomberg. http://www.bloomberg.com/apps/news?pid=newsarchive&sid=a_7tOZGISctQ&refer=uk. Retrieved 2010-12-20.
Barclays PLC Brands: Barclays • Barclaycard • Barclays Capital • Barclays Private Equity • Barclays Wealth • The Woolwich • Absa (South Africa)Historical components: Backhouse's Bank • Crossroads Group • FirstCaribbean International Bank • Gurney's Bank • Juniper Bank • Kuhn, Loeb & Co. • Martins Bank • Lehman Brothers • Lock, Hulme & Co. • London Provincial and South Western BankCorporate Directors: Marcus Agius (Group Chairman) •Sir Richard Broadbent (Deputy Chairman) • Robert Diamond (Group Chief Executive) • Chris Lucas • David Booth •Alison Carnwath • Fulvio Conti • Simon Fraser • Reuben Jeffrey III • Sir Andrew Likierman • Dambisa Moyo • Sir Michael Rake • Sir John SunderlandAnnual revenue: GB£31.440 billion (2010) · Employees: 147,500 (2011) · Stock Symbol: LSE: BARC · Website: www.barclays.com Categories:- 1944 births
- Living people
- Canadian bank presidents
- Canadian businesspeople
- Harvard Business School alumni
- Officers of the Order of Canada
- Barclays Group
- Irish emigrants to Canada
- Bank of Montreal
- Canadian business biography stubs
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