Barclays makes changes to group executive committee as COO steps down
UK banking heavyweight Barclays has announced a number of changes to its group executive committee, due to take effect in February 2023.
Mark Ashton-Rigby will step down from his current position as group chief operating officer (COO) and CEO of BX, the group’s internal tech service division. Ashton-Rigby will continue to work with Barclays in a part-time advisory role.
Global head of consumer banking and payments Alistair Currie will assume the role of group COO and CEO of BX.
Vim Maru is set to join the company from Lloyds Banking Group, where he was director of retail banking, taking over Currie’s previous role and joining the group executive committee.
Barclays say the trio will work closely together to ensure a “seamless transition”.
Barclays group chief executive C. S. Venkatakrishnan says Ashton-Rigby has made a “significant contribution” over the last three years, delivering a number of major initiatives at the bank and boosting its operational effectiveness “through a period of unprecedented external change”.
Venkatakrishnan says that Currie has a “deep understanding” of the businesses within Barclays, and his perspectives and “deep values” make him “an excellent COO for a large, complex bank like Barclays”.