Mike Bagguley is the current acting COO of Barclays. “Barclays set to skip replacing King as head of IB” discusses some of the significant restructurings and that is being done within the company in order to facilitate the infusion of new blood and fill several gaps that have come about throughout the normal course of business within the company. The hope is that individuals like Mike Bagguley will continue to help the company attain significant success within their financial sector. The restructuring is not because the company is hurting in any way, perhaps it would be the opposite. The company has done significant business on an international scale for many years and this restructure is the signal that there are bigger things on the horizon for the investment and banking company.
Barclays is well-known because of the significant amount of services that they offer to their customers. They are utilized as a personal banking system, corporate banking system, and a wealth or investment management firm. The plethora of services that they offer to their customers help diversify their portfolio and to contribute to their mass appeal. They have been known for their exceptional customer service and formative business practices. They are a well-established company going back to 1690 in their records. They take great pride in the work that they do for the people who use their services and build on that foundation to this day.
When Barclays chose to elect Mike Bagguley to the position of COO they knew that he would embody much of the values that they expound as a company. They look to him as a possible contributor to the future profits of the company and hope that he has a way of trimming access spending from the overall budget. From the previous experience seen by Bagguley’s work on his CrunchBase profile, it is apparent that he will use his degree from the University of Warwick in mathematics and his other gained knowledge to help him make the most out of the position that he has earned at Barclays. There is no doubt that he will do well and exceed all expectations for his position.