Barclays appoints Yuri Shakhmin as Senior Investment Banker in Europe

By Gloria Methri

Barclays has announced the appointment of Yuri Shakhmin as a Managing Director in the Global Industrials Group in Investment Banking. This appointment in is line with Barclays’ effort to continue its growth in the UK and Continental Europe – a key focus for Barclays’ Corporate and Investment Bank.

Shakhmin will report to Richard Probert and Asim Mullick, Co-Heads of Industrials for Europe, the Middle East, and Africa (EMEA).

The newly appointed MD has a strong track record advising industrial clients, with extensive transaction experience and relationships across corporates and financial sponsors.

He has advised on multiple landmark transactions including the recent acquisition of a strategic stake in Esdec by Blackstone, the $1.8 billion disposal of E&I Engineering to Vertiv, and the €2.25 billion acquisition of Crown’s EMEA Food and Consumer Packaging business by KPS. Shakhmin joins in July from Credit Suisse having spent most of his career at Rothschild & Co.

“We are seeing significant momentum across Barclays’ Investment Banking business as evidenced by improved global fee share in 2023,” said Tim Main, Head of Investment Banking, EMEA. “Yuri’s appointment demonstrates our continued investment in senior talent, our commitment to helping clients, and our goal to deliver strong results across the Corporate and Investment Bank.”

The Corporate and Investment Bank is central to the growth and performance of Barclays. It is comprised of the Investment banking, International Corporate Banking, Global Markets, and Research businesses arm of the company. 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.

Barclays has hired approximately 20 senior bankers to date in Investment Banking, including Douglas Melsheimer from Goldman Sachs as an MD in Technology and Foruhar Madjlessi from Instone Real Estate Group as Co-Head of EMEA Equity Capital Markets.