BGI Snags Archard From Vanguard For iShares

Barclays Global Investors has tapped Noel Archard has head of Product Development for the U.S. iShares Business.

Archard was formerly with Vanguard where he was most recently the principal responsible for Institutional ETF Sales Management. From August 2003 to November 2005, he was in charge of VIPERs Product Management, working on the development, launch, and sales and marketing of Vanguard’s ETFs.

Prior to that, Archard worked in Vanguard’s Brokerage Services in several positions, including Senior Manager of the Business Development and Strategy Group.

“I am excited by the rapid growth and pace of innovation within the ETF industry,” said Mr. Archard. “I believe BGI has the right combination of talent, resources and vision to continue to be the market leader in this fast-growing industry.”