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Barclays’ new chief is India-born CS Venkatakrishnan

Sumit Arora Published On November 5th, 2021 Leave a comment

Barclays new CEO is CS Venkatakrishnan, an Indian-American and the first person of color to hold that position. Venkatakrishnan, who was most recently Barclays’ co-president and head of global markets, is stepping in as CEO after Jes Staley resigned over his ties with late financier Jeffrey Epstein, a convicted sex offender who died by suicide in prison three years ago.

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As chief risk officer, Venkatakrishnan put in place processes that proved instrumental in helping Barclays steer clear of the Archegos Capital Management implosion; more recently, he was put in charge of the bank’s markets division.

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Sumit Arora

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As a team lead and current affairs writer at Adda247, my role involves researching and creating informative and engaging content aimed at helping candidates prepare for national and state-level competitive government exams. I specialize in delivering insightful articles that keep aspirants updated on the latest current affairs trends and developments. My primary focus is on educational excellence, ensuring that our readers are well-prepared and informed to face their exams with confidence. Through meticulously crafted content, I aim to guide and support candidates in their journey toward success.