Ben Davey, CEO of UK-listed bank Barclays’s corporate venturing unit, has become chief investment officer at EFIC1, an Amsterdam-listed special purpose acquisition company (SPAC).
Alongside Martin Blessing, Nick Aperghis and Klaas Meertens, Davey is looking for EFIC1 to acquire a financial services or technology company operating or headquartered in the European region, including the UK and Israel.
As CEO of Barclays Ventures for nearly three years, Davey had been tasked with finding and developing opportunities both within and outside of the bank through startup ecosystems Rise and Barclays Eagle Labs.
Davey had spent a decade at Barclays, initially covering financial institutions as an investment banker before becoming group head of strategy and a member of the bank’s finance management committee.
