Barclays has named Antony Stephen Amazon’s head of European payments to lead the bank’s POS finance business.
Stephen will be joining his new position on Monday 4 October 2021. He will be the new chief executive officer (CEO) for the Barclays Partner Finance (BPF) business, and its legal entity, Clydesdale Financial Services Ltd (CFSL).
As CEO, Stephen will help levelling up the point-of-sale finance business in the UK, and offer leadership recommendations to Barclays Cubed, the bank’s commerce platform.
On his appointment Stephen says: “This is an incredibly exciting time for point of sale finance – while the core business model has existed for a long time, it has surged in popularity and prominence in recent years, thanks to advancements in technology and changes in customer behaviour. With its unrivalled network of both consumers and major retailers, Barclays recognises the fantastic opportunity it has to lead the market, and I’m thrilled to be joining the bank at this pivotal moment.”