Mike Bagguley: Barclays’ new Investment Bank COO

Barclays on 17 November 2015, promoted Mike Bagguley who was formerly the head of macro products to be the chief operating officer of their investment bank. He replaced Justice Bull who stopped working at the bank earlier in the year. Bagguley went to the University of Warwick and specialized in mathematics. He started to work at Barclays in 2001. He has also had significant roles in London, Tokyo, Johannesburg and New York.

Mike Bagguley who had worked for 14 years in Barclays before the promotion would take up the role of accelerating the delivery of the bank’s overhaul from the previous year. The last year’s strategy, which was made public in May 2014, saw Barclays transfer 90 billion euros in the form of risk-weighted assets into a single unit. The bank also reorganized its primary banking operations and began a 3-year plan to reduce up to 7000 jobs, which was almost a quarter of the bank’s employees.

Bagguley became the head of macro products in 2014 after the department was formed as part of the overhaul. The division was aimed at bringing together distribution and trading across credit, rates, commodities, and foreign exchange in an attempt to reorganize the bank’s operations. In his role, he was to align the bank’s infrastructural functions and assist in coordinating and delivering the investment bank’s projects. During his time, he helped the bank to achieve almost all its strategic goals.

In an internal memo, King suggested that the bank’s strategic choices from the previous year could be validated from their recent third-quarter results. He also said that there was still more to be done to achieve the bank’s goal. He considered Mike’s appointment as a great contributor to the progress the bank had made so far. He went on to say that his appointment would help to quickly deliver to their clients and have excellent potential for the business. From 2015 to date, Barclays continues to post improved FICC revenues under Mike’s leadership. His former position at Barclays was given to Rob Bogucki and Nat Tyce.

https://uk.reuters.com/article/uk-barclays-investmentbank-coo/barclays-picks-new-chief-operating-officer-for-investment-bank-idUKKCN0T60SU20151117

Paul Herdsman And The Keys To A Successful Business

Dedication and hard work can build a successful business. Paul Herdsman possesses those qualities and the know how to run a successful business. He is the co-founder of the company NICE Global. NICE Global opened in 2014 and is located in Montego Bay, Jamaica. Paul Herdsman was born in Jamaica but currently resides in Florida. The company is doing great and Paul is happy with the decision to station the business in Jamaica.

 

NICE Global, led by Paul Herdsman helps companies to retain and gain more customers, lower their overhead costs, and increase their revenue. NICE offers these companies with technical support in all areas. One common complaint from the United States customer base is having to deal with automated services that cause the customers frustrations to rise. NICE offers an answering service that ensures that customers get a live agent every time a call is placed.

 

Paul Herdsman went into this business knowing that several key components were needed. Creating a culture within the workplace is essential. Creating a happy workplace that looks after its employees keeps employee turn around low. If the employees are happy, the need to move on won’t be there. Investing in their employees is another key component. Paul Herdsman knows that a company can hire anyone all day long to fill a position. But in order to be business smart, proper training and the given tools needed can help both the employee and the business be successful. See This Page to learn more.

 

Incentives is another key factor. Incentives are given to employees based on their performances. It isn’t based on how many emails are sent or presentations given, instead it is based on positive results the company is getting from an employee’s performance. Referral programs help bring new talent to the company and keeps the company’s vibe to be more like a work family.

Related Reference: https://www.crunchbase.com/person/paul-herdsman

 

Check out his successes in his profile on Linkedin.