Clegg, who has worked in the sector for 16 years, joined Barclays nine years ago as a technical specialist in the credit operations department, before moving to the captives team.
As relationship manager, he will support local captive insurance managers and companies with banking, investment, credit and cash management services.
Hawley will support local business clients with tailored solutions for their day-to-day cash management, foreign exchange, lending and investment needs.
Gareth Rowlands (pictured centre), head of business banking and captives at Barclays in the Isle of Man, said: “Aaron Hawley and James Clegg are specialists in their areas and have extensive knowledge of the local business landscape which will be a great asset for our clients and the team so we’re very pleased to have them on board.”
“Both will help us build on the positive momentum we are seeing across the business as we invest in the Private Bank & Overseas Services business to deliver future growth.”