London Stock Exchange Group plc (LSEG) today announced that Ashok Vaswani will step down as a Non-Executive Director of LSEG’s Board with immediate effect.
This follows his appointment as Managing Director and CEO of Kotak Mahindra Bank.
Don Robert, President, LSEG, said:
“On behalf of the Board, I would like to thank Ashok for his contributions to the Board since joining in 2021. We wish him all the best in his new role as CEO of Kotak.”
Ashok Vaswani has held a number of senior roles at 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); Managing Director, Retail and Corporate Banking (2012-2014). Managing Director, 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 specializing in consumer financial services in emerging markets. From 1987 to 2007, he held a number of senior roles at Citigroup Inc.
Ashok Vaswani previously served as President and advisor at Pagaya, a New York-based FinTech (2022-2023).