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- I Owned Bitcoin For a Weekend and Here's What I Learned
- SEC Appoints New Chair and Board Members to PCAOB
- FINRA, Georgetown Team Up to Deliver 'Certified Regulatory and Compliance Professional' Program
- FINRA Board Meeting - This Week's Agenda
- Statement on Cryptocurrencies and Initial Coin Offerings - SEC Chair Clayton
- Company Halts Initial Coin Offering Over SEC Registration Concerns
- Kevin O'Leary Explains One Big Thing People Don't Understand About Bitcoin (But Need To)
- CME Bitcoin Futures: A Better Way to Buy (or Short) Bitcoin?
- Address at ICI's 2017 Securities Law Developments Conference - SEC Commissioner Stein
- New York Pension Fund Seeks More Pay Disclosure from Wells Fargo
- Wells Fargo Sanctions Are on Ice Under Trump Official
- Josh Brown: Here's How to Buy Bitcoin, But Realize It Could Be One Giant Bubble
- Trump's New Tax Plan Could Cost Citigroup $20 Billion
- Morgan Stanley Fires Former Congressman Harold Ford Jr.
- Al Franken Will Resign Over Sexual Misconduct Allegations - His Full Resignation Speech
- Ex-NFL Player Gets 40 Years for Running $10Mn Fraud
- Bitcoin Blows Past $15K, Adding $2K in Under 12 Hours
- Financial Adviser Settles Charges for Defrauding Private Equity Fund Investors
- New Cross Market Equity Supervision Report Cards - FINRA Phone-In Workshop, WebEx Presentation
- Mueller Just Crossed Trump's Red Line, With Deutsche Bank Subpoena
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NEWSLETTERS & ALERTS
Barclaycard CEO Quits to Fight Trump on Civil Liberties
Amer Sajed left Pakistan at age 19 for the United States, to attend Vassar College. Having arrived with just $900 in his pocket, his first job - cleaning toilets at McDonalds - didn’t last long, but his one take away was that 'all jobs deserve respect'.
Thirty-seven years later, Mr. Sajed, 56, is CEO of Barclaycard and a member of Barclays executive committee. But not for long.
Yahoo Finance reports that Mr. Sajed will be leaving the bank in July to fight for civil liberties in his adopted homeland amid concerns about the rights of Muslims, immigrants and women. He’s already been working with the American Civil Liberties Union (ACLU) and other grassroots community organizations.
A quick read of Mr. Sajed’s executive profile on the Barclaycard web site provides some insight into the basis for his decision. We’d like to share some of that profile.
[Financialish: While reading Amer Sajed’s profile, consider his ‘DNA’ and philosophies to those of Wells Fargo's senior management for card member services. It's not apparent that the higher-ups at Wells have a similar appreciation for work/life balance – or, for that matter, 'doing the right thing.”]
Professional Philosophy. We need to ensure appropriate work/life balance, and to celebrate our successes.
What attracted you to Barclaycard? I came to Barclaycard because I felt I could really make a difference here. In my previous role, I was trapped into 'incrementalism' and I had an opportunity here to break the mold and think differently and make a difference for our UK cards portfolio.
What do you look for in the people you hire? Passion, team work, can-do attitude, and I also ask prospects for examples of successes and failures.
If you could change one thing about financial services what would it be?
I would put more control in the hands of our customers by creating a menu of options that our customers can choose from easily - e.g., at AT&T you can choose your plan (individual or family, 5 lines or 10, 1 GB or 20 GB) or Toyota (type of seats, engine, model, etc.) – and the value equation is so transparent (e.g. leather seats will cost $1,000 extra).
In 3 words, how would you describe your leadership style and why? Informal, action-oriented, and collaborative. Why? Because it works – and I have found that it gets the best out of people.