Offering investment banking and financial services including personal banking, corporate banking, wealth management, and investment management, Barclays Investment Bank is a leader in global banking. With origins being traced back to 1736, the company has grown and today has acquired several corporate businesses including South Western Bank, Mercantile Credit, Lehman Brothers and British Linen Bank.
After over 17 years with Barclays Investment Bank, Mike Bagguley bids farewell to the London-based, multinational bank. Mike Bagguley’s journey with Barclays has been one of growth holding various positions including Head of Marco Product Sales and Trading, Head of FX and Commodities Trading, and Head of Rates and Linear Options Trading. Operating under two different categories – corporate investment and investment management – across Africa, the United Kingdom, and Europe, the Barclays Investment Bank must be led by visionary leaders. Therefore in June 2016, Bagguley was elected to be Chief Operating Officer.
After the global economic crisis of 2007/2008 and the growth of technology within banking, it was no surprise that most of the world’s largest banks including Barclays Investment Bank cut costs. For Barclays, this meant trimming down its human resources in order to cut costs while improving profitability. In turn, this led to Mike Bagguley name being put forward as an excellent candidate for the Chief Operating Officer position.
After graduating from the University of Warwick in 1988 with a Bachelor of Science degree in Mathematics, Mike Bagguley worked in different financial services with the aim to help banks and the financial sector make sound decisions regarding helping clients to create wealth and manage their accounts. As a trained leader, Mike Bagguley is always up to the task and is dedicated to streamlining the bank’s operations. Due to his vast experience in management and leadership, and already knowing the corporate culture and workings of Barclays Investment Bank, Bagguley was the obvious choice for the Chief Operating Officer position.
During his time in this position, his responsibilities included the rationalization of the operating platform, aligning company technology with its domains and services, and maximizing the execution of strategies. After two years as Chief Operating Officer, Mike Bagguley has moved on to be a Financial Markets Executive.