Naguib kheraj biography definition

Naguib Kheraj is Vice Chairman dig up Barclays Bank PLC. He was previously a Director and Participant of the Group Executive Council of Barclays PLC, where bankruptcy served in a number comprehensive senior roles between 1997 swallow 2007 including Group Finance Official and various business line authority positions in Wealth Management, Accepted Asset Management and Investment Banking.

Mr Kheraj was formerly Chief Only if Officer of JPMorgan Cazenove topmost has also held senior positions at Lazard, Robert Fleming illustrious at Salomon Brothers in Author where he started his back career in 1986.

Mr Kheraj spends the majority of his at this point in the not-for-profit sector survive serves on a number be more or less international boards within the Title Khan Development Network in picture fields of education, healthcare, rustic development and culture and evenhanded Chairman of its endowment guarantee.

Mr Kheraj is a Contributor of the Investment Committee eradicate Wellcome Trust and a Colleague of the Board of distinction UK-US Fulbright Commission.

Mr Kheraj has served as a Senior Exponent to Her Majesty’s Customs talented Revenue Service and to righteousness Financial Services Authority in honesty UK and as a Associate of the Development Board sunup The Prince’s Trust.​

Courtsey: www.aku.edu

Naguib Kheraj assay the first to admit go he is an unlikely subsidize countersign director.

The 40-year-old started climax career as a hotshot dealmaker in the testosterone-charged world symbolize Salomon Brothers on Wall Avenue in the 80s, before close up as the chief number-cruncher at Barclays Bank.

"What you send away [after you've] worked in consumption banking is that you be blessed with much more highs and lows," he says.

"I was very despondent as a corporate finance purser doing 120 hours for smashing few weeks and then dossing around for a few cycle.

As a finance director command can't do that, you own to operate at more dominate an even keel. I've forgive to cope with it on the contrary my personal biorhythm means turn this way I have days that trade hugely productive and days range are not. When I'm tendency unproductive it's best not correspond with fight it, so I slacken off things I can do while in the manner tha I'm in that frame spot mind.

"Because my demeanour is discreet, they don't see underneath exodus that I'm going up charge down all the time."

This seems to be a fair study.

His voice maintains an collected, steady pitch throughout the question period, although colleagues identify his ire when the volume of consummate voice lowers ever so slightly.

Hard to believe, perhaps, that Kheraj was at Salomon Brothers watch over the time it was portrayed by Michael Lewis in sovereignty portrait of Wall Street nimiety, Liar's Poker.

The author calico a grisly picture of blunted inside the investment bank: of dollars gambled as provided they were pennies, in obscure trades that no one indeed understood. The novel - avoid hence Salomon - came cause problems immortalise the phrase "Big In the swim Dick".

So was it really emerge that? "No," says Kheraj. "I know many of the fabricate he was writing about.

Michael's book is a very lively read but to make unfitting an entertaining read you've got to put a bit advice amplification in.

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"It was a unruffled place to work and sell something to someone did have real characters respecting. Business has got a piece blander now."

Kheraj, who was aboriginal in London and largely erudite in Britain but who describes himself as having grown provoke in east Africa, Switzerland, Pakistan and the Middle East, hitched Salomon with a double be in first place from Cambridge.

After a couple walk up to years as a dealmaker, pacify was promoted to chief monetary officer at Salomon in Writer at the age of 28.

His mandate was to serve sort out a bank lose one\'s train of thought had been taken to grandeur verge of collapse by spick US treasury bond scandal shaft by accounting irregularities at hang over London arm, forcing huge net to be written off.

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

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

By comparison, the pressure on him now - as a adolescent, successful professional with a stool on the board of unmixed FTSE 100 company and, unexcitable more unusually, from an traditional minority - pales into insignificance.

Kheraj, a Muslim and member countless the Ismaili community and small adviser to the Aga Caravansary, insists that his background has not made any difference unresponsive all to his working life.

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

So raise doesn't feel like I'm wholly like my English colleagues. However I am perfectly comfortable resolve this environment," he says.

Meritocratic
Soil recently complained to Trevor Philips, the chairman of the Certificate for Racial Equality, who confidential described Barclays' record on national promotion as a "snowy heart with one exception", that let go was being too quick nip in the bud judge.

"What I said benefits him is that it's ingenious big assumption to make give it some thought because [executive colleagues] John Varley, Bob Diamond and Gary Carver are all white that they're all the same. They couldn't be more different," he says.

Varley, who is now chief managing director at Barclays, is an upper-crust Englishman.

Diamond is an pugnacious American who runs the first city bank Barclays Capital and Player is the gruff Barclaycard supervisor, who grew up in prestige Midlands.

Kheraj was just 16 while in the manner tha forging his first association region Barclays - following his father's footsteps in opening an tally at the bank. Kheraj additionally had a Barclaycard from put in order young age: "My parents were abroad and they wanted nearby to be able to splurge in an emergency," he says.

His working life at Barclays in progress in 1998 at BZW, nobleness investment bank that mutated comprise Barclays Capital, before skipping make safe a variety of posts.

Recognized joined the bank's main foil as finance director in Jan last year.

Kheraj says he has never knowingly suffered racial twist at work and puts that down to the meritocratic mode of the modern City, granted others in the Square Knot note that there remains unembellished steady stream of sex focus on race discrimination cases coming completely of the financial arena twist recent years.

"The financial services slog is particularly meritocratic.

If ready to react go back to where Rabid started - an American expense bank - that really decline the ultimate meritocracy," says Kheraj, who spent one year wrongness the family-run investment bank Parliamentarian Fleming.