Coimbatore Sundararajan Venkatakrishnan, also known as Venkat, is an American banker. He replaced Jes Staley as the group chief executive (CEO) of the British multinational bank

Barclays Barclays () is a British multinational universal bank, headquartered in London, England. Barclays operates as two divisions, Barclays UK and Barclays International, supported by a service company, Barclays Execution Services. Barclays traces ...

in November 2021. __NOTOC__

Early life and education

Venkat was born in

Mysore Mysore (), officially Mysuru (), is a city in the southern part of the state of Karnataka, India. Mysore city is geographically located between 12° 18′ 26″ north latitude and 76° 38′ 59″ east longitude. It is located at an altitude of ...

, India in January 1966. He earned bachelor's, master's and PhD degrees in

operations research Operations research ( en-GB, operational research) (U.S. Air Force Specialty Code: Operations Analysis), often shortened to the initialism OR, is a discipline that deals with the development and application of analytical methods to improve dec ...

from the

Massachusetts Institute of Technology The Massachusetts Institute of Technology (MIT) is a Private university, private Land-grant university, land-grant research university in Cambridge, Massachusetts. Established in 1861, MIT has played a key role in the development of modern t ...

. His 1991 thesis was entitled "Analysis and Optimization of Terminal Area Air Traffic Control Operations".

Career

Venkat worked for

JPMorgan Chase JPMorgan Chase & Co. is an American multinational investment bank and financial services holding company headquartered in New York City and incorporated in Delaware. As of 2022, JPMorgan Chase is the largest bank in the United States, the w ...

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. He joined Barclays in 2016 as chief risk officer, before becoming head of global markets and co-president of BBPLC in October 2020. Venkat left JPMorgan for Barclays in early 2016, and was among the first people Staley hired when he became CEO of the bank. Venkat was initially the bank's chief risk officer. 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 The Financial Conduct Authority (FCA) is a financial regulatory body in the United Kingdom, but operates independently of the UK Government, and is financed by charging fees to members of the financial services industry. The FCA regulates financ ...

(FCA) and the Prudential Regulation Authority into "how Staley had characterised his relationship with effrey Epstein to Barclays".

Personal life

Venkat is based in New York City.

References

{{DEFAULTSORT:Venkatakrishnan, C. S. 1960s births Living people Year of birth uncertain Barclays people Massachusetts Institute of Technology alumni JPMorgan Chase people American bankers People from Mysore Indian emigrants to the United States