Barclays Capital, the investment banking division of Barclays PLC, has appointed Peter Toolan as a Director on the Corporate Risk Management and Derivatives Management team.
Toolan will be responsible for marketing and structuring work to corporate clients across many product areas including interest rates, currencies, commodities and credit derivatives. Based in New York, Toolan will report to Ed Somekh, Managing Director and Head of Corporate Risk Management and Derivatives.
“Pete’s extensive experience in the derivatives market, across a broad range of clients and products, makes him a valuable addition as we continue to build our corporate derivatives team,” said Somekh. “Pete will run one of our client coverage teams, and we are very excited that he has joined us.”
Toolan joins the firm from Merrill Lynch, where he was a Vice President in Corporate Derivatives, responsible for the development and marketing of derivatives for a variety of US corporations. Prior to that, Toolan was a senior auditor at Ernst and Young.
Toolan holds an MBA from Columbia University and a bachelor’s degree from Villanova University.