BARCLAYS BANK PLC, New York, said Bernard C. Grisby 2d had been named chief executive officer and managing director of Barclays de Zoete Wedd Securities Inc., the bank's primary dealer and U.S. Section 20 securities subsidiary.
He succeeds Samuel R. Marrone, who was named chief executive of the markets division in London of Barclays' BZW subsidiary and a member of BZW's management committee.
BZW is the investment banking division of Barclays Bank. Mr. Marrone became the first American and the first non-Briton to join its management committee.