Ajay Nagpal

Chief Operating Officer at Millennium Management

About Ajay Nagpal

Ajay Nagpal of New York City presently serves as a managing director and the global head of prime services at Barclays Capital. Mr. Nagpal joined Barclays in 2008 during the bank's acquisition of Lehman Brothers’ U.S. operations. An exec utive at Lehman Brothers from 2001 to 2008, he headed the company’s equities sales and liquid market sales divisions. In the former role, he managed a global team of 800 salespeople responsible for selling products from cash equities and convertible bonds to derivatives and prime brokerage services. Prior to this, he operated as a managing director at J.P. Morgan.

Presently, Ajay Nagpal oversees a Barclay division that provides financing, clearing, and settlement services to some of the company’s most important institutional clients. His day-to-day responsibilities include directing more than 1600 professionals. In addition to managing Barclay’s prime services unit, Ajay Nagpal also sits on Barclays’ Global Partnership Committee and serves as an executive sponsor to the Barclays Spectrum diversity network.

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