MOVES-Barclays' former Asia CEO Jones retires

LONDON, April 19 (IFR) - Andy Jones, Barclays’ former chief executive in Asia-Pacific, is retiring from the bank.

Jones was APAC chief operating officer and then Singapore-based CEO from 2014 until January, when the bank appointed Jaideep Khanna and Reid Marsh as co-heads for the region. At the time Jones was expected to return to London with Barclays.

Jones has decided to retire after almost 20 years at the bank, according to a memo to staff on Wednesday from Tim Throsby, head of Barclays International.

Barclays last year closed its cash equities business in Asia and shut operations in a number of countries in the region as it focused its investment bank on Britain and the US. (Reporting by Steve Slater)