David McHattie to depart from Barclays after 40 years

Head of healthcare at Barclays Corporate Banking David McHattie is retiring and will be replaced by Steve Fergus.

McHattie, who has been in the role for more than two years, had previously been head of charities at the bank. Before that, he worked in the social housing team structuring debt finance. He also had a spell travelling to Asia as a banker to UK subsidiaries of Asian corporates.

The Barclays healthcare team was established 20 years ago and focuses on providing banking support to social and primary care, as well as lifesciences.

‘I have had a fantastic career with Barclays but, after just over 40 years with the bank, I have decided it is time to retire,’ he said.

‘I am also pleased that I will be leaving the team in such good hands, with Steve Fergus taking over as head of healthcare with effect from 1 September. Steve has strong connections across the sector and excellent industry knowledge and will be a great head for the Barclays team, ensuring that we remain one of the leading banks in the sector for many years to come,’ he added.

McHattie was interviewed by Healthcare Markets in March.