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C S Venkatakrishnan, the chief govt officer of Barclays Plc, on Monday mentioned he has a type of lymphoma and can endure remedy for a couple of months.
Venkatakrishnan, who was born in India, mentioned in a regulatory submitting that his situation was curable and that the docs lauded his prognosis, with the remedy in New York anticipated to final between 12 and 16 weeks.
He must work at home for some durations and received’t be capable to journey, the submitting mentioned.
“Throughout this era, the corporate will run usually, and I’ll proceed to be actively engaged in managing it,” Venkatakrishnan, who is understood within the financial institution as Venkat, mentioned within the letter.
“The matter has been detected early, with scans and biopsies confirming it to be very localised,” Venkatakrishnan mentioned. “I’ve at all times exercised frequently and am sturdy and match as I start this remedy.”
Venkatakrishnan, who’s now based mostly in New York, was born in Karnataka’s Mysore.
Venkatakrishnan took the helm of Barclays somewhat greater than a 12 months in the past, having joined the financial institution from JPMorgan in late 2015.
Venkatakrishnan’s remedy will happen at New York’s Memorial Sloan Kettering Most cancers Middle, in keeping with the submitting.
“We’ve got a extremely succesful and seasoned govt committee, supported by a gifted senior administration workforce,” the CEO mentioned within the submitting, including that he was “extraordinarily grateful” for the assist of the financial institution’s board.
(With inputs from companies)
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