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In-house: Barclays Investment Bank hires Gibson Dunn’s financial institutions co-chair as new global GC

Gibson, Dunn & Crutcher‘s co-chair of its financial institutions Mark Shelton is leaving the US firm to join Barclays Investment Bank as its global general counsel (GC) and the regional GC for the Americas.

He leaves private practice after one year to return to the world of in-house in which he has over ten years’ experience. He joined Gibson Dunn in February 2014 where he was a member of the investigations and crisis management, securities enforcement, securities litigation and white collar defence practice group for a brief one year. He joined the US firm from UBS AG where he was GC and global head of investigation for UBS’ Americas business in New York for almost eleven years.

Before his time at UBS, Shelton was a partner in the securities regulation and enforcement practice at Wilmer, Cutler & Pickering from 1996 to 2003, based in Washington DC. Prior to this, Shelton worked in the Office of the General Counsel at the Securities and Exchange Commission, and also served as a director of the Securities Investor Protection Corporation since August 2007.

Shelton officially starts his new role at Barclays, which is based in New York on 9 March and will report to Barclays group GC Bob Hoyt. He will also join the senior leadership group, the investment bank executive committee, the Americas executive committee and the legal executive committee.

The news follows the exit of Barclays’ former global GC of corporate and investment banking Judith Shepherd who announced would step down in the first half of 2015.