Press Release
Contact:

For Immediate Release

Barclays Securities Japan Limited
Emi Nakata+81 (0)3 4530 5623
emi.nakata@barclays.com

Barclays appoints Naohiko Baba as Chief Japan
Economist and Head of Japan Research
Tokyo, 4 January 2024 – Barclays today announces that Mr. Naohiko Baba has joined Barclays Securities Japan
Limited and been appointed to the position of Managing Director, Chief Japan Economist and Head of Japan
Research, effective 1 January 2024, reporting to Christian Keller, Head of Economics Research.
In this role, Mr. Baba will lead Barclays’ macroeconomic research for Japan as the company continues to focus
on its economic research capabilities both locally and globally. With over 30 years’ industry experience, hebrings a wealth of expertise and insightful thought leadership on Japan’s economy, especially its monetary
policy. These are of core importance for Barclays’ institutional clients as it helps them navigate a long-awaited
shift in the Japanese economy expected to have significant implications for their strategies.
Mr. Baba joins Barclays from Goldman Sachs, where he was Chief Japan Economist for the last 13 years. Prior tothat, he worked at the Bank of Japan (BOJ), where he led various divisions including the Financial System
Research Division and the Money Markets and Fixed Income Division. He was also a senior economist of global
financial markets at the Bank for International Settlement (BIS) in Switzerland.
“This appointment underpins our commitment to attract and invest in the best talent,” commented ChristianKeller. “We are confident that our clients locally and globally will benefit from his deep knowledge and expertiseof the Japanese economy.”

About Barclays
Barclays is a British universal bank. We are diversified by business, by different types of customer and client, andgeography. Our businesses include consumer banking and payments operations around the world, as well as a
top-tier, full service, global corporate and investment bank, all of which are supported by our service company
which provides technology, operations and functional services across the Group. For further information aboutBarclays, please visit our website home.barclays.

About Barclays Corporate and Investment Bank
Barclays Corporate and Investment Bank is comprised of the Investment Banking, International Corporate
Banking, Global Markets and Research businesses. It provides money managers, financial institutions,governments, supranational organisations and corporate clients with services and advice for their funding,financing, strategic and risk management needs. For further information about Barclays Corporate andInvestment Bank, please visit our website www.cib.barclays.

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About Barclays in Asia Pacific
Barclays has been in Asia Pacific for over 50 years and primarily supports corporations and financial institutions
across the Asia Pacific region, catering to their cross-border Corporate and Investment banking needs andconnecting them to the capital markets of UK, Europe, and the Americas. Barclays in Asia Pacific is headed byJaideep Khanna, its regional Investment Banking and Global Markets business is respectively led by Vanessa
Koo and Hossein Zaimi. Pushkaraj Gumaste heads its regional Corporate Banking business.
Recent key hires and development at Barclays in Asia Pacific•
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October 2023: Barclays appoints Denise Wong as Head of Sustainable and Impact Banking, Asia Pacific
July 2023: Barclays appoints Akihiko Yamada as Head of TMT, Investment Banking for Japan
July 2022: Barclays establishes subsidiary in Taiwan
May 2022: Barclays strengthens strategic partnership with Barrenjoey Capital Partners
Jun 2022: Dave Dai, Head of ESG Research, APAC
May 2022: Barclays appoints Hossein Zaimi as Head of Markets for Asia PacificMar 2022: Matt Pecot to retire; Anthony Davies appointed interim Head of Markets for APAC
Mar 2022: Carrie Chen and Raymond Yu: Co-Head of Investment Banking, Greater China
Feb 2022: Pushkaraj Gumaste, Head of Corporate Banking, Asia Pacific and Middle East
Jan 2022: Duncan Beattie, Managing Director, Investment Banking, Australia
Jan 2022: Duncan Connellan, Managing Director, Investment Banking, Australia