Barclays hired Standard Chartered's former global head of cloud and moved him to London
Barclays is in the process of cutting thousands of jobs with the help of AI. To do this, it needs senior technologists to build out the architecture; Barclays has hired a new tech MD who spent the last 12 years working in Singapore across both banks and technology firms to do just that.
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Carl Bachman Kharazmi joined Barclays late last month as group head of engineering and architecture, based in London. He was most recently a global director of communication governance startup LeapXpert, which raised $180m in growth funding shortly after he joined.
Before that, Kharazmi was head of platform engineering for Singaporean exchange group SGX for a year. He also spent three years at Standard Chartered, where he was global head of cloud, and was a cloud engineering lead for Google for over three years.
Barclays staff may welcome a technology specialist. We reported last week that a letter from alleged Barclays insiders said that chief AI officer Anita Tanna, who made her name in equity sales, lacked "deep domain expertise" in computer science.
Barclays isn't the only bank cutting heads. Standard Chartered, Kharazmi's old haunt, announced plans to cut 7,000 jobs in May, focusing on "lower-value human capital." Citi has quietly been making cuts across the middle and back office this year; last month, it hired Google engineering director Sebastian Gnagnarella as head of its 'agent factory' who might help expedite that process.
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