One of the City of London's highest-profile female executives has continued her upwards ascent after being appointed today as vice-chairman of investment banking and investment management at Barclays group.

Gay Huey Evans, one of the founding directors of the UK’s Financial Services Authority, who most recently held a senior role in Citigroup’s alternative investments unit, will oversee the UK bank's work for sovereign wealth funds across its investment banking, wealth and fund management businesses.