Barclays APAC Head of FX Trading Departs
In this article (5)
Barclays’ head foreign exchange trading in Asia Pacific will reportedly exit just 18 months after joining the British bank.
Pritpal Gill, head of G10 FX and FX options trading in the region, has been let go by Barclays, according to a report citing unnamed sources, after joining its Singapore offices less than two years ago in January 2019.
Prior to joining Barclays, Gill ran a family office and also worked with Citigroup.
Gill’s exit is part of Barclay’s broader efforts to reduce costs by cutting 100 senior jobs mostly from its corporate and investment banking unit.
Previous senior exits include Jonathan Kitei, Americas head of securitized product sales, and Anindya Das Gupta, India head of trading.
Questions & Answers
Q.What was Pritpal Gill's exact role at Barclays before his departure?
What was Pritpal Gill's exact role at Barclays before his departure?
Pritpal Gill was the head of G10 FX and FX options trading in the Asia Pacific region. He joined the British bank in January 2019, departing after 18 months in the role.
Q.What was Pritpal Gill's professional background before joining Barclays?
What was Pritpal Gill's professional background before joining Barclays?
Before his tenure at Barclays, Pritpal Gill ran a family office. He also previously held a position with Citigroup, according to the information provided in the report.
Q.Is Pritpal Gill's departure an isolated incident or part of a wider trend at Barclays?
Is Pritpal Gill's departure an isolated incident or part of a wider trend at Barclays?
Pritpal Gill's exit is part of Barclays' broader strategy to reduce costs across the company. This initiative involves cutting 100 senior positions, primarily within its corporate and investment banking unit.
Q.Which other senior staff members have recently left Barclays as part of these cost-cutting measures?
Which other senior staff members have recently left Barclays as part of these cost-cutting measures?
Other senior staff exits linked to Barclays' cost-cutting efforts include Jonathan Kitei, who was the Americas head of securitized product sales. Anindya Das Gupta, India head of trading, also previously departed.
Reader pulse
Barclays' senior exits: part of necessary cuts?
22,508 votes so far