10th Feb 2016 06:58
LONDON (Alliance News) - Barclays PLC said Tuesday it has appointed Paul Compton as chief operating officer from May, succeeding Jonathan Moulds, who will leave the UK bank just a year after being poached from Bank of America Merrill Lynch.
Compton will join from JPMorgan Chase & Co, and will join the executive committee of Barclays and report directly to Chief Executive Jes Staley, who also is ex-JPMorgan Chase.
This appointment comes within weeks of Barclay's appointing CS Venkatakrishnan of JPMorgan Chase as its new group chief risk officer.
The company said Moulds will leave the business to pursue other opportunities.
By Hana Stewart-Smith; [email protected]; @HanaSSAllNews
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