Venkatakrishnan, the bank’s former head of global markets and group chief risk officer, takes over from Jes Staley.
Barclays has named C.S. Venkatakrishnan as its new group chief executive. Venkatakrishnan served as head of global markets and co-president of Barclays Bank plc from October 2020 and group chief risk officer from 2016 to 2020. He previously worked at JP Morgan Chase, holding senior roles in asset management, global fixed income, investment banking and risk. Venkatakrishnan takes over from Jes Staley, who has stepped down following an investigation by the Financial Conduct Authority and the Prudential Regulation Authority into how Staley described his relationship with Jeffrey Epstein. Barclays said in a statement: "In view of those conclusions, and Mr Staley's intention to contest them, the board and Mr Staley have agreed that he w