Barclays PLC said on Monday that Chief Executive C.S. Venkatakrishnan would undergo treatment for non-Hodgkin lymphoma, a type of cancer, adding that the condition is treatable and that he would keep working when possible.
Chief Executive Officer of Barclays CS Venkatakrishnan walks outside the Treasury building, in London, Britain September 7, 2022. REUTERS/Hannah Mckaysaid on Monday that Chief Executive C.S. Venkatakrishnan would undergo treatment for non-Hodgkin lymphoma, a type of cancer, adding that the condition is treatable and that he would keep working when possible.
Barclays has not appointed an interim chief executive, with Venkat and the lender's executive committee expected to continue running the company, said a spokesperson for the bank. Non-Hodgkin lymphoma is a cancer that develops in the lymphatic system, weakening the immune system, but most cases are considered "very treatable" according to information on the website of Britain's National Health Service.
A former JPMorgan banker, Venkatakrishnan has endured a difficult first year in charge of Barclays since taking over from Jes Staley last November.
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