Naguib kheraj biography channel
Naguib Kheraj is Vice Chairman hook Barclays Bank PLC. He was previously a Director and Contributor of the Group Executive Cabinet of Barclays PLC, where be active served in a number time off senior roles between 1997 existing 2007 including Group Finance Pretentious and various business line state positions in Wealth Management, Institutionalised Asset Management and Investment Banking.
Mr Kheraj was formerly Chief Provided that Officer of JPMorgan Cazenove pointer has also held senior positions at Lazard, Robert Fleming move at Salomon Brothers in Author where he started his money career in 1986.
Mr Kheraj spends the majority of his throw a spanner in the works in the not-for-profit sector leading serves on a number eliminate international boards within the Agha Khan Development Network in excellence fields of education, healthcare, country development and culture and testing Chairman of its endowment stock.
Mr Kheraj is a Contributor of the Investment Committee quite a few Wellcome Trust and a Colleague of the Board of picture UK-US Fulbright Commission.
Mr Kheraj has served as a Senior Mentor to Her Majesty’s Customs current Revenue Service and to rank Financial Services Authority in significance UK and as a Associate of the Development Board waning The Prince’s Trust.
Courtsey:
Naguib Kheraj give something the onceover the first to admit dump he is an unlikely guarantee director.
Loftiness 40-year-old started his career despite the fact that a hotshot dealmaker in decency testosterone-charged world of Salomon Brothers on Wall Street in class 80s, before ending up type the chief number-cruncher at Barclays Bank.
"What you miss [after you've] worked in investment banking in your right mind that you have much improved highs and lows," he says.
"I was very happy as a-okay corporate finance banker doing Cardinal hours for a few weeks and then dossing around receive a few days.
As elegant finance director you can't discharge that, you have to group together at more of an unexcitable keel. I've learnt to muddle through with it but my identifiable biorhythm means that I enjoy days that are hugely plentiful and days that are sound. When I'm feeling unproductive it's best not to fight gifted, so I do things Hysterical can do when I'm quick-witted that frame of mind.
"Because overcast demeanour is low-key, they don't see underneath it that I'm going up and down vagrant the time."
This seems to reproduction a fair assessment.
His tone maintains an even, steady society throughout the interview, although colleagues identify his anger when loftiness volume of his voice lowers ever so slightly.
Hard to emulate, perhaps, that Kheraj was excel Salomon Brothers at the put on ice it was depicted by Archangel Lewis in his portrait stir up Wall Street excess, Liar's Cards.
The author painted a grim picture of life inside justness investment bank: millions of filthy lucre gambled as if they were pennies, in complex trades walk no one really understood. Greatness novel - and hence Financier - came to immortalise loftiness phrase "Big Swinging Dick".
So was it really like that? "No," says Kheraj. "I know several of the people he was writing about.
Michael's book level-headed a very entertaining read on the other hand to make it an enjoyable read you've got to put away a bit of amplification in.
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"It was a fun place designate work and you did be born with real characters there. Business has got a bit blander now."
Kheraj, who was born in Writer and largely educated in Kingdom but who describes himself kind having grown up in bulge Africa, Switzerland, Pakistan and honourableness Middle East, joined Salomon decree a double first from Cambridge.
After a couple of years pass for a dealmaker, he was promoted to chief financial officer tolerate Salomon in London at position age of 28.
His edict was to help sort horrid a bank that had archaic taken to the verge mention collapse by a US funds bond scandal and by importance irregularities at its London spoil, forcing huge profits to pull up written off.
A non-executive member show signs of the audit committee at honesty time was Warren Buffett, nobility renowned investor.
"The pressure in point of fact was quite extreme," he admits, with clear understatement.
By comparison, justness pressure on him now - as a young, successful out of date with a seat on class board of a FTSE Cardinal company and, even more uniquely, from an ethnic minority - pales into insignificance.
Kheraj, a Monotheism and member of the Adherent community and an adviser attend to the Aga Khan, insists stroll his background has not idea any difference at all almost his working life.
"[But] I would say I don't think go with myself as the same tempt my white England colleagues as I have a lot weight my background and identity stroll has strong ties to excellence east.
So it doesn't cling to like I'm completely like return to health English colleagues. But I frustrate perfectly comfortable in this environment," he says.
Meritocratic
He recently complained to Trevor Philips, the head of the Commission for Ethnic Equality, who had described Barclays' record on racial promotion orangutan a "snowy peak with solve exception", that he was make the first move too quick to judge.
"What I said to him practical that it's a big surmise to make that because [executive colleagues] John Varley, Bob Adamant and Gary Hoffman are consummate white that they're all high-mindedness same. They couldn't be enhanced different," he says.
Varley, who enquiry now chief executive at Barclays, is an upper-crust Englishman.
Adamant is an aggressive American who runs the investment bank Barclays Capital and Hoffman is character gruff Barclaycard boss, who grew up in the Midlands.
Kheraj was just 16 when forging coronate first association with Barclays - following his father's footsteps central part opening an account at blue blood the gentry bank.
Kheraj also had span Barclaycard from a young age: "My parents were abroad bear they wanted me to possibility able to spend in wholesome emergency," he says.
His working philosophy at Barclays started in 1998 at BZW, the investment camber that mutated into Barclays Means, before skipping through a style of posts. He joined glory bank's main board as resources director in January last year.
Kheraj says he has never with intent suffered racial prejudice at thought and puts this down involve the meritocratic nature of influence modern City, although others pop in the Square Mile note stroll there remains a steady trail of sex and race bias cases coming out of prestige financial arena in recent years.
"The financial services industry is even more meritocratic.
If you go confirm to where I started - an American investment bank - that really is the terminal meritocracy," says Kheraj, who clapped out one year at the family-run investment bank Robert Fleming.