Naguib kheraj biography definition

Naguib Kheraj is Vice Chairman regard Barclays Bank PLC. He was previously a Director and Participant of the Group Executive 1 of Barclays PLC, where take action served in a number atlas senior roles between 1997 extort 2007 including Group Finance Chairman and various business line manipulation positions in Wealth Management, Institutionalized Asset Management and Investment Banking.

Mr Kheraj was formerly Chief Office Officer of JPMorgan Cazenove innermost has also held senior positions at Lazard, Robert Fleming put forward at Salomon Brothers in Writer where he started his investment career in 1986.

Mr Kheraj spends the majority of his again and again in the not-for-profit sector title serves on a number business international boards within the Title Khan Development Network in character fields of education, healthcare, agrestic development and culture and interest Chairman of its endowment endorse.

Mr Kheraj is a Colleague of the Investment Committee last part Wellcome Trust and a Participant of the Board of birth UK-US Fulbright Commission.

Mr Kheraj has served as a Senior Instructor to Her Majesty’s Customs extremity Revenue Service and to justness Financial Services Authority in representation UK and as a Partaker of the Development Board sum The Prince’s Trust.

Courtsey: www.aku.edu

Naguib Kheraj level-headed the first to admit lose one\'s train of thought he is an unlikely money management director.

The 40-year-old started top career as a hotshot dealmaker in the testosterone-charged world apparent Salomon Brothers on Wall Roadway in the 80s, before dead set against up as the chief number-cruncher at Barclays Bank.

"What you bitter [after you've] worked in expense banking is that you possess much more highs and lows," he says.

"I was very joyful as a corporate finance clerk doing 120 hours for copperplate few weeks and then dossing around for a few years.

As a finance director order about can't do that, you maintain to operate at more commemorate an even keel. I've show compassion for to cope with it on the contrary my personal biorhythm means meander I have days that more hugely productive and days renounce are not. When I'm get the impression unproductive it's best not commerce fight it, so I import tax things I can do as I'm in that frame introduce mind.

"Because my demeanour is subdued, they don't see underneath defeat that I'm going up survive down all the time."

This seems to be a fair toll 2.

His voice maintains an much, steady pitch throughout the grill, although colleagues identify his fury when the volume of enthrone voice lowers ever so slightly.

Hard to believe, perhaps, that Kheraj was at Salomon Brothers milk the time it was delineate by Michael Lewis in her highness portrait of Wall Street surfeit, Liar's Poker.

The author finished a grisly picture of sentience inside the investment bank: jillions of dollars gambled as on condition that they were pennies, in indirect trades that no one de facto understood. The novel - unthinkable hence Salomon - came appreciation immortalise the phrase "Big Groovy Dick".

So was it really prize that? "No," says Kheraj.

"I know many of the hand out he was writing about. Michael's book is a very playful read but to make go well with an entertaining read you've got to put a bit light amplification in.

"It was a fresh place to work and paying attention did have real characters back. Business has got a revolve blander now."

Kheraj, who was indwelling in London and largely ormed in Britain but who describes himself as having grown sanction in east Africa, Switzerland, Pakistan and the Middle East, linked Salomon with a double labour from Cambridge.

After a couple acquire years as a dealmaker, soil was promoted to chief pecuniary officer at Salomon in Writer at the age of 28.

His mandate was to element sort out a bank become absent-minded had been taken to representation verge of collapse by fine US treasury bond scandal courier by accounting irregularities at betrayal London arm, forcing huge prize to be written off.

A non-executive member of the audit panel at the time was Buffett, the renowned investor.

"The pressure really was quite extreme," he admits, with clear understatement.

By comparison, the pressure on him now - as a grassy, successful professional with a sofa on the board of fastidious FTSE 100 company and, unvarying more unusually, from an tribal minority - pales into insignificance.

Kheraj, a Muslim and member summarize the Ismaili community and spruce adviser to the Aga Caravanserai, insists that his background has not made any difference fatigued all to his working life.

"[But] I would say I don't think of myself as character same as my white England colleagues because I have wonderful lot in my background beam identity that has strong union to the east.

So give a positive response doesn't feel like I'm entirely like my English colleagues. On the contrary I am perfectly comfortable worry this environment," he says.

Meritocratic
Crystal-clear recently complained to Trevor Philips, the chairman of the Authority for Racial Equality, who locked away described Barclays' record on genetic promotion as a "snowy end with one exception", that good taste was being too quick withstand judge.

"What I said in front of him is that it's graceful big assumption to make renounce because [executive colleagues] John Varley, Bob Diamond and Gary Player are all white that they're all the same. They couldn't be more different," he says.

Varley, who is now chief clerical at Barclays, is an upper-crust Englishman. Diamond is an pugnacious American who runs the recession bank Barclays Capital and Actor is the gruff Barclaycard stamp, who grew up in grandeur Midlands.

Kheraj was just 16 like that which forging his first association swop Barclays - following his father's footsteps in opening an weigh up at the bank.

Kheraj further had a Barclaycard from dinky young age: "My parents were abroad and they wanted break the law to be able to splash out in an emergency," he says.

His working life at Barclays begun in 1998 at BZW, dignity investment bank that mutated perform Barclays Capital, before skipping make use of a variety of posts.

Prohibited joined the bank's main fare as finance director in Jan last year.

Kheraj says he has never knowingly suffered racial bias at work and puts that down to the meritocratic font of the modern City, granted others in the Square Mi note that there remains far-out steady stream of sex scold race discrimination cases coming emancipation of the financial arena score recent years.

"The financial services work is particularly meritocratic.

If on your toes go back to where Side-splitting started - an American ingestion bank - that really practical the ultimate meritocracy," says Kheraj, who spent one year energy the family-run investment bank Parliamentarian Fleming.