C. S. Venkatakrishnan

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C. S. Venkatakrishnan
Born1965 or 1966 (age 55–56)
Mysore, India
NationalityAmerican
EducationMassachusetts Institute of Technology (PhD)
OccupationBanker
TitleCEO, Barclays
TermNovember 2021-
PredecessorJes Staley

Coimbatore Sundararajan "C. S." Venkatakrishnan, known as Venkat, is an American banker. He replaced Jes Staley as the group chief executive (CEO) of the British multinational bank Barclays in November 2021.[1][2]

Early life and education[]

Venkat was born in Mysore, India in 1965 or 1966.[2][3] He earned bachelor's, master's and PhD degrees in operations research from the Massachusetts Institute of Technology.[4][5] His 1991 thesis was entitled "Analysis and Optimization of Terminal Area Air Traffic Control Operations".[6]

Career[]

Venkat worked for JPMorgan Chase from 1994 to 2016, where he held senior positions in asset management, investment banking, and in risk, rising to chief investment officer for global fixed income, responsible for about US$200 billion in assets.[1] He joined Barclays in 2016 as chief risk officer, before becoming head of global markets and co-president of BBPLC in October 2020.[1]

Tenure at Barclays[]

Venkat left JPMorgan for Barclays in early 2016, and was among the first people Staley hired when he became CEO of the bank.[7] Venkat was initially the bank's chief risk officer.[8] Venkat had been head of global markets for Barclays, and succeeded Jes Staley with immediate effect after Barclays was notified of the preliminary results from an investigation by the Financial Conduct Authority (FCA) and the Prudential Regulation Authority into "how Staley had characterised his relationship with Epstein to Barclays".[9]

Personal life[]

Venkat is based in New York City.[4]

References[]

  1. ^ a b c "Venkatakrishnan named CEO of Barclays after Jes Staley steps down". mint. 1 November 2021.
  2. ^ a b Volkery, Carsten (2 November 2021). "Neuer Barclays-Chef muss skeptische Anleger überzeugen". Handelsblatt (in German).
  3. ^ Butcher, Sarah (19 October 2021). "Morning Coffee: Extremely nice guy tipped to become CEO of major bank. Most demanding boss in the industry is hiring bankers". efinancialcareers. Retrieved 1 November 2021.
  4. ^ a b "C.S. Venkatakrishnan Group Chief Executive". Barclays. Retrieved 1 November 2021.
  5. ^ "CS Venkatakrishnan". LinkedIn. Retrieved 1 November 2021.[self-published]
  6. ^ "PhD and Masters Theses". Massachusetts Institute of Technology. Retrieved 1 November 2021.
  7. ^ Spezzati, Stefania (18 October 2021). "Barclays Trading Boss Saw the London Whale Coming (Repeat)". Bloomberg.com. Retrieved 2 November 2021.
  8. ^ Spezzati, Stefania (1 November 2021). "New Barclays CEO Plans to Stick With Mentor Staley's Strategy". Bloomberg.com. Retrieved 2 November 2021.
  9. ^ Makortoff, Kalyeena (1 November 2021). "Barclays chief Jes Staley steps down after Epstein investigation". The Guardian. Retrieved 1 November 2021.
Business positions
Preceded by Group Chief Executive of Barclays plc
1 November 2021 – present 		Incumbent
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