Who is head of barclaycard

The bank said in its stock exchange announcement on Monday that it had reviewed potential external candidates for the top role but identified Venkat as its preferred candidate over a year ago. Barclays shook up its top ranks in September , promoting Venkat from group chief risk officer to head up global markets to give him a run at leading the lender's critical investment banking unit. Barclays will be hoping Venkat's experience as group chief risk officer - from to - will make him a safe pair of hands after Staley's controversial tenure.

Senate investigation found some losses could have been averted if JPMorgan had listened to Venkat's warning, Bloomberg reported this month, adding Venkat was known for his unflappability and fondness for emojis even in a crisis. Venkat will be on a higher base salary than his predecessor, amid a red hot recruitment market as banks largely put COVID costs behind them. Venkat will receive 2.

Although that tops Staley's 2. Staley's overall pay package came to 4 million pounds last year. Venkat is likely to pursue the same strategy as Staley at least in the near term, according to an internal memo to staff seen by Reuters on Monday. Barry will deliver leadership, value and execution for our colleagues and clients as Barclaycard continues to grow at this time of rapid and continual change in the cards and payments industries.

This is a time of immense change in our industry, but this brings enormous opportunity for any organisation that is able to adapt and respond to customer and client demands. Barclaycard has been at the forefront of payments innovation for more than 50 years and continues to be a leader in this arena. I look forward to working with the team to build on their past successes and deliver continuing growth in the future.

Rodrigues is married with three daughters. He holds an M. He is expected to join Barclaycard International in early November. Alternatively, email tom. Barclaycard, part of Barclays Bank PLC, is a leading global payment business that helps consumers, retailers and businesses to make and take payments flexibly, and to access short-term credit and point-of-sale finance.

Barclaycard is a pioneer of new forms of payment and is at the forefront of developing viable contactless and mobile payment schemes for today and cutting-edge forms of payment for the future.