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Peter Scott Mottek Focuses on Innovation at Barclays by Lizelle Tyler





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Peter Scott Mottek Focuses on Innovation at Barclays by
Article Posted: 10/10/2013
Article Views: 307
Articles Written: 1257
Word Count: 421
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Peter Scott Mottek Focuses on Innovation at Barclays


 
Business
After the damage created by the global recession, the banking and finance industries had to readjust their business strategies to the ever-evolving market. Peter Scott Mottek is a business professional who understands these changes and is recognized for his ability to spot emerging markets and transform businesses. At the age of 53, Peter Scott Mottek is the Co-CEO in Iberia and the Country Manager in Portugal for Barclays Bank, PLC.

Since 2007, Peter Scott Mottek has worked with Barclays Bank, which has been recognized as the top business in July 2013 for customer satisfaction. In March 2011, the company was also voted as the “Best Place to work”, which is especially impressive for a large organization. “At Barclays, part of what makes us different is our commitment to our customers and employees alike,” says Peter Scott Mottek. “By being dedicated to both, we can ensure the best experience for our customers and colleagues’.

As a recent participant at Harvard Business Schools Advanced Management Program, Peter Scott Mottek understands the importance of not only strategy, but innovation as well. By focusing on innovation, Peter Scott Mottek has been able to help Barclays experience incredible growth and transformation, especially as the marketplace experiences a gradual shift as a result of the global recession. In 2010, Barclays acquired Citi Cards Business in Lisbon for an amount that was not disclosed to the public. However, Citi Cards Business in Lisbon held a leading position in total assets, and as a result of the acquisition, Barclays is now the market leader of the Cards business in Portugal.

Because of this, Peter Scott Mottek is a highly respected in the card business. Beyond his expertise concerning Cards, Peter Scott Mottek is also recognized for his ability to craft compelling business strategies. More recently, Peter Scott Mottek has been focused on the Mass Affluent Customer Segment. “The ‘mass affluent’ refers not to the extremely rich, but the larger portion of the population that would consider themselves affluent,” says Peter Scott Mottek. By focusing on the Mass Affluent Customer Segment, banks can improve their returns per customer by providing attractive, high quality, well managed financial solutions.

One of the elements that makes Barclays unique is its company-wide commitment to community service. From 2008 to 2012, the bank was involved with the Reforestation Project, which planted over 100,000 trees in Portugal. Employees of Barclays and their family members also volunteer at the Food Bank in Banco Alimentar. Peter Scott Mottek and his family participate every year.

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