Barclays Names JPMorgan's Venkatakrishnan as Chief Risk Officer
- CEO Staley adds another executive from U.S. bank to top team
- Incumbent Le Blanc to become vice chairman of risk, strategy
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Barclays Plc named C.S. “Venkat” Venkatakrishnan chief risk officer, adding to the ranks of former JPMorgan Chase & Co. executives on the bank’s senior management team.
Venkatakrishnan, who spent more than 20 years at JPMorgan’s asset management unit and investment bank, starts in May and will report to Chief Executive Officer Jes Staley, himself an alumnus of the U.S. bank, according to an e-mailed statement. He replaces Robert Le Blanc, who will become vice chairman of risk and strategy after 12 years as CRO.