Banking

Barclays Taps Citi Veteran as CEO Of Barclaycard International

Barclays announced Thursday (Aug. 10) that it has named Barry Rodrigues as chief executive of Barclaycard International.

In a press release the investment bank said Rodrigues will be based in New York and join the Barclays International Executive Committee, reporting directly to Tim Throsby, president of Barclays International and CEO of the Corporate and Investment Bank. Rodrigues was at Citi for six years, where he was most recently head of digital payments for the Global Consumer Bank. In this role Barclays said he was responsible for the strategy, design and execution of next-generation payment solutions and platforms across both digital commerce and money transmission. His team was also responsible for negotiating and managing strategic payment partnerships with leading digital players, the company noted in the press release adding that Rodrigues led Citi’s tokenization efforts and integration with Zelle. Prior to Citi he spent more than 25 years at American Express, including as president of the global network business.

“Barry brings a wealth of experience, skill and industry know-how 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 for our colleagues and clients as Barclaycard continues to grow at this time of rapid and continual change in the cards and payments industries,” Throsby said in the release. Barclaycard processed more than 319 billion pounds in payments in 2016 and has performed strongly across all business areas over the last five years, Barclays said, noting that Barclaycard International is a key component of its transatlantic consumer, corporate and investment bank, with ambitious plans for further growth.

“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. I look forward to working with the team to build on their past successes and deliver continuing growth in the future,” Rodrigues said in the same press release.

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