Barclays Capital, which has climbed to the top of the leveraged loan league tables in Europe this year, has appointed John Kelting to replace the former head of European leveraged finance, who is leaving on a sabbatical.

Kelting, who is joint head of the bank's sponsor origination team, will report to Grant Kvalheim, co-president of Barclays Capital. John Leach will become sole head of sponsor origination.