Barclays has appointed Akshaya Bhargava as chief executive of wealth and investment management.
He will join Barclays on 13 October 2014.
With over 35 years’ experience in the financial services industry, Bhargava (pictured) joins from InfraHedge Ltd which he founded in 2010 and was acquired by State Street Corporation at the end of 2013.
Prior to this he was CEO of Butterfield Fulcrum Group and founding CEO of Infosys BPO. He spent 22 years at Citibank, leading teams in London, India and the Czech Republic.
Ashok Vaswani, chief executive of Barclays Personal and Corporate Banking, says: “I’m delighted that Akshaya is joining to lead our wealth and investment management business. Akshaya brings with him deep management experience and a strong track record of business development and growth. Appointing Akshaya, with his breadth of global financial services knowledge and experience in creating bespoke investment platforms, is a significant coup for the business.”
Bhargava says: “Barclays Wealth and Investment Management is well placed to deliver a market leading set of global banking and investment solutions to high net worth clients. This is an exciting time to be joining Barclays and I feel privileged to be taking charge of the next chapter in the growth and evolution of the business.”