SVB Financial Group, the parent of Silicon Valley Bank, appointed Thomas King, former CEO of investment banking at Barclays, to its board of directors. King will also serve on the board’s compensation and human capital committee.
“Tom’s proven leadership within complex global financial services firms makes him well suited to join SVB’s board as the company continues to grow,” Kay Matthews, chair of board of directors at SVB, said. “Tom’s expansive knowledge of the financial services industry will contribute to SVB’s ability to execute its strategy and deliver long-term value for stakeholders.”
King has more than 30 years of experience in corporate and investment banking and currently serves as an operating partner of investment firm Atlas Merchant Capital. From 2014 to 2016, he served as CEO of investment banking at Barclays, overseeing both the banking and markets businesses. He also served as the chairman of the investment banking executive committee and as a member of the Barclays Group executive committee. He also held several senior roles, including global head of mergers and acquisitions, head of investment banking and head of corporate and investment banking.
“Over three decades, Tom has leveraged his global banking and corporate finance expertise, regulatory knowledge and keen relationship-building talents to build and transform businesses,” Greg Becker, president and CEO of SVB. “His strategic thinking and values-led leadership will be an asset to our company and our clients.”
Like this story? Begin each business day with news you need to know! Register now for FREE Daily E-News Broadcast and start YOUR day informed!