Advertisement

CORRECTED (OFFICIAL)-Barclaycard CEO to leave bank to pursue "new professional challenge"

(Corrects spelling to "Soranno" from "Sorranno" throughout after Barclays issues amended statement)
Advertisement

LONDON, May 12 (Reuters) - Barclays said on Tuesday that Val Soranno Keating, the CEO of its Barclaycard business, has decided to leave to pursue a new professional challenge outside the British bank.

Advertisement

The lender said Amer Sajed, CEO of Barclaycard's U.S. unit, will take interim charge of the global business while an internal and external search for a successor to Soranno Keating is conducted.

"Val has made a significant contribution to the growth and development of Barclaycard during her five years leading the business. Val is leaving a strong legacy which is clear in the financial performance and trajectory of the business," Antony Jenkins, Group Chief Executive, said in a statement. (Reporting By Sinead Cruise, editing by Pamela Barbaglia)

Advertisement