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Barclays Names Kheradpir Operating Chief Amid Jenkins Revamp

Barclays Plc, Britain’s second-largest bank by assets, named Shaygan Kheradpir as its chief operations and technology officer, responsible for helping the lender automate more systems to cut costs.

Kheradpir’s role will absorb some former responsibilities of Jerry Del Missier, the chief operating officer who departed last year in the wake of the Libor scandal. A former head of information technology at Verizon Communications Inc., the 52-year-old Kheradpir has worked for the London-based lender since January 2011 and was chief operating officer for consumer banking, Barclays said on its website today.