Paul Compton Barclays

Paul Compton is stepping down as Barclays’ Chief Operating Officer and CEO of Barclays Execution Services, a source told Business Insider.
Replacing him is Mark Ashton-Rigby, who is currently chief information officer of the corporate and investment bank
An internal memo on Monday outlined the shakeup, which also named Stephen Dainton as permanent head of global markets, from his previous spot in that role on an interim basis.

Paul Compton is stepping down as Barclays’ Chief Operating Officer and CEO of Barclays Execution Services, a source told Business Insider.

The move is part of a shake-up announced in a memo to staff on Monday, seen by the insider at the bank.

Mark Ashton-Rigby, who joined Barclays as chief information officer in 2016 from a similar role at JPMorgan, will become Barclays’ new COO and head of execution services.

The UK bank has had a dizzying year of departures amid a seismic management overhaul that has shocked employees. In May, a clutch of senior employees were let go in its latest round of departures. Staff morale at Barclays has taken a beating after the surprise departure in March of investment banking chief Tim Throsby, insiders have told Business Insider.

The internal …read more


Source:: Businessinsider – Finance

      

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