London Stock Exchange Group plc (LSEG) today announced that Ashok Vaswani will step down as Non-Executive Director of the Board of LSEG with immediate effect.
This follows his appointment as Managing Director and Chief Executive Officer of Kotak Mahindra Bank.
Don Robert, Chair, LSEG, said:
“On behalf of the Board, I would like to thank Ashok for his contribution to the Board since joining in 2021. We wish him all the best in his new role as CEO of Kotak.”
Ashok Vaswani held a number of senior roles within Barclays Group, including: Chief Digital Strategy Officer at Barclays plc (2021-2022); CEO, Global Consumer Banking & Payments (2019-2021); CEO, Barclays UK (2016-2019); CEO, Personal and Corporate Banking (2014-2016); CEO, Retail and Business Banking (2012-2014); CEO, UK Retail and Business Banking (2011-2012); CEO, Africa (2010-2011); and CEO of Barclaycard Europe (2010).
Prior to joining Barclays, he was a Partner at Brysam Global Partners LLC (2007-2009), a private equity firm specialising in consumer financial services in emerging markets. From 1987 to 2007, he held a number of senior roles within Citigroup Inc.
Ashok Vaswani previously served as President and adviser at Pagaya, a FinTech based in New York (2022-2023).
