Barclays has appointed Frank Hofmann as Head of Cash Management, Germany within its corporate banking team.

At Barclays, Hofmann will be responsible for driving the delivery of cash management services to multi-national and large local German corporates as well as delivering local solutions for internationally active corporates in Germany.

Hofmann joins Barclays from SEB in Frankfurt where he spent six years driving the German cash management business.

Commenting on his appointment, Frank Hofmann said: "This is an exciting time to be joining Barclays and I look forward to leveraging the strength of the bank's global platform and brand to deliver superior cash management solutions to our German and international clients."

Michael Mueller, Head of International Cash Management Origination at Barclays Corporate commented: "Frank's cash management experience makes him an ideal candidate to lead our cash management offering in Germany. His appointment builds upon our strategy of enhancing our presence in the German market by delivering best in class financial solutions to suit our clients' business needs."

About Barclays Corporate

With a clear focus on quality relationships, Barclays Corporate provides integrated banking solutions to businesses with an annual turnover of more than £5 million in the UK and large local companies, financial institutions and multinationals in non-UK markets. We facilitate the success and growth of our clients by providing lending, risk management, cash and liquidity management, trade finance and asset and sales financing. Additionally, our clients benefit from the breadth of the Barclays Group, through access to the investment banking services of Barclays Capital including debt and equity capital markets, the private wealth management expertise of Barclays Wealth, and the card and payment services of Barclaycard. Barclays Corporate employs over 10,000 people globally. For more information please visit .

About Barclays

Barclays is a major global financial services provider engaged in retail banking, credit cards, corporate and investment banking and wealth management with an extensive international presence in Europe, the Americas, Africa and Asia. With over 300 years of history and expertise in banking, Barclays operates in over 50 countries and employs over 145,000 people. Barclays moves, lends, invests and protects money for customers and clients worldwide. For further information about Barclays, please visit our website .

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