An ex-Barclays Capital managing director has joined a banking industry group to develop emerging market policy, as investors continue to boost their stakes in these areas.

Philip Suttle was named director of global macroeconomic analysis for the Institute of International Finance. He will lead an effort to expand the institute's research and analysis of global finance trends as well as initiatives examining the relationship between global capital and emerging markets. He will also help implement policy such as principles for stable capital flows and fair debt restructuring in emerging markets.