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Thomas Kalaris

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Thomas Kalaris
Born
Thomas Llewellyn Kalaris

November 1955 (age 69)
NationalityBritish
Alma materDickinson College
University of Chicago
OccupationBanker
Known forformer chief executive of Barclays wealth and investment management

Thomas Llewellyn Kalaris (born November 1955)[1] is a British banker, the former chief executive of Barclays wealth and investment management.

Early life

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Kalaris has a bachelor's degree from Dickinson College in Carlisle, Pennsylvania, and an MBA from the University of Chicago.[2]

Career

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Kalaris joined Barclays in 1996, and was a member of the bank's executive committee from November 2009.[3]

Kalaris was one of the co-founders of Saranac Partners, a wealth management company backed by Standard Life Aberdeen. He stepped down from the firm's management in June 2016, but remains an advisor and shareholder.[4]

In June 2017, following a five-year investigation by the UK's Serious Fraud Office covering Barclays' activities during the financial crisis of 2007–2008, the former Barclays chief executive John Varley and three former colleagues, Roger Jenkins, Kalaris and Richard Boath were charged with conspiracy to commit fraud and the provision of unlawful financial assistance.[5][6]

In February 2020, Kalaris, along with Roger Jenkins and Richard Boath, were found not guilty on all charges.[7]

In August 2024, Kalaris lost an appeal in a London tribunal to overturn a decision by the UK Financial Conduct Authority that barred him from holding senior industry positions.[8]

References

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  1. ^ "Thomas Llewellyn KALARIS - Personal Appointments (free information from Companies House)". Beta.companieshouse.gov.uk. Retrieved 20 June 2017.
  2. ^ "Executive Profile: Thomas L. Kalaris". bloomberg. Retrieved 20 June 2017.
  3. ^ "Aberdeen forms partnership with Tom Kalaris' new wealth firm". Citywire. 1 August 2016. Retrieved 20 June 2017.
  4. ^ "Saranac managing partner steps down after 15 months". Citywire. 5 March 2018. Retrieved 5 March 2018.
  5. ^ "Barclays charged with fraud in Qatar case - BBC News". Bbc.co.uk. 1 January 1970. Retrieved 20 June 2017.
  6. ^ Jill Treanor (1 January 1970). "Senior Barclays bankers charged with fraud over credit crunch fundraising | Business". The Guardian. Retrieved 20 June 2017.
  7. ^ "Former Barclays bankers cleared of fraud charges". BBC News. 28 February 2020. Retrieved 28 February 2020.
  8. ^ "Ex-Barclays banker Kalaris loses appeal against FCA ban on senior roles". 27 August 2024 – via www.reuters.com.