LONDON Jan 31 Barclays said its new
head of compliance will be Mike Roemer, currently its head of
internal audit, filling the role left vacant two months ago by
the exit of former UK regulation chief Hector Sants.
Barclays said on Friday Roemer will be responsible for
compliance against a framework of specific standards agreed by
the board and for ensuring the conduct of staff is consistent
with the expectations of regulators.
Roemer joined Barclays in January 2011 and has 27 years
experience in internal audit, mostly at JPMorgan Chase.
Jenkins is trying to improve culture and standards across
Barclays after a string of scandals, but his plans suffered a
blow in November when Sants quit after just 10 months as head of
compliance, citing stress and exhaustion.