Barry Rodrigues Joins Barclaycard International as New CEO

Barclays has announced Barry Rodrigues as the new Chief Executive Officer of its child company Barclaycard, starting this November.

Mr. Rodrigues will be based in New York, and will be joining the Barclays International Executive Committee. He will be reporting to Tim Throsby, the President of Barclays International and CEO of Corporate and Investment Bank.

Barclaycard is an international payment business, serving a wide variety of clients ranging from small enterprises to large corporations.

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Before joining Barclaycard, Mr. Rodrigues held the role of Head of Digital Payments Payments One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl Read this Term at Citi for six years. Prior to that position, he worked for over 25 years at American Express, where he eventually became President of Global Network Services. Earlier, he was a general manager at American Express Bank in the UK.

Mr. Rodrigues expressed enthusiasm regarding his new role: “I’m delighted to be joining Barclays and excited to be leading Barclaycard International. This is a time of immense change in our industry, but this brings enormous opportunity for any organisation that is able to adapt and respond to customer and client demands. Barclaycard has been at the forefront of payments innovation for more than 50 years and continues to be a leader in this arena. I look forward to working with the team to build on their past successes and deliver continuing growth in the future.”

Mr. Throsby spoke highly of Mr. Rodrigues’ experience as a financial industry veteran: “Barry brings a wealth of experience, skill and industry knowhow to Barclays and we’re pleased to welcome him to the firm. He is a talented and innovative professional who is positioned well to lead our Barclaycard International businesses into the future. Barry will deliver leadership, value and Execution Execution Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Read this Term for our colleagues and clients as Barclaycard continues to grow at this time of rapid and continual change in the cards and payments industries.”

Recently, Barclays appointed former Credit Suisse Banker Stephen Dainton as its new Head of Equities.