BarCap creates new rates sales position

Barclays Capital has hired Chico Khan-Gandapur as a London-based managing director within its European rates sales team. Gandapur will start work in the newly created role within the next few months, a BarCap spokeswoman said.

Khan-Gandapur will report to Justin Bull, head of European rates sales, taking responsibility for the European rates sales team.

Previously Khan-Gandapur worked at Deutsche Bank, where he was a managing director responsible for government bond distribution to Europe.

"The hiring of Chico further underscores Barclays Capital's development of and commitment to the European rates business," Bull said in a statement. "In the last year we have moved to become the number one liquidity provider in the market in line with the bank's overall objectives.”