Gleacher & Company Securities, a broker-dealer subsidiary of Gleacher & Company, has selected Randolph Barker as the new executive managing director and head of investment banking and capital markets.

Barker joins Gleacher & Company following his role as a member of the executive committee of Chapdelaine & Co.

Prior to this, he was acting as co-head of the global fixed income, commodities and currencies group at Citigroup, and prior to that he was head of Citigroup’s global credit markets and played a key role in building Citigroup’s Leveraged Finance Group.

Gleacher & Company chief executive officer Thomas Hughes said, "We believe his expertise will be of great benefit to our clients, and he will be an outstanding recruiter of the additional talent we are assembling in various industry verticals."

Barker said, "Gleacher & Company’s focus on leveraged finance presents a compelling opportunity, and I intend to begin working immediately to expand the depth and prospects of the Investment Banking and Capital Markets teams."

Gleacher & Company, an independent investment bank which caters corporate and institutional clients with strategic and financial advisory services, such as merger and acquisition, restructuring, recapitalization, and strategic alternative analysis, as well as capital raising, research based investment analysis, and securities brokerage services.