The head of sales and marketing in Europe for Barclays Global Investors' subsidiary iShares, the world's biggest provider of exchange-traded funds, has returned to the US in the second significant move for the ETF industry in a week.

Jennifer Grancio has returned to San Francisco to lead a new US distribution strategy team at iShares, according to the firm. She will report directly to Mike Latham, the head of the Americas region for iShares.