Antony Jenkins
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Antony Peter Jenkins (born 11 July 1961) is a British
business executive A business executive is a person responsible for running an organization, although the exact nature of the role varies depending on the organization. Executives run companies or government agencies. They create plans to help their organizations g ...
. Since 2016 he has been the chief executive officer of 10x Future Technologies, which he founded. He was the group chief executive of
Barclays Barclays () is a British multinational universal bank, headquartered in London, England. Barclays operates as two divisions, Barclays UK and Barclays International, supported by a service company, Barclays Execution Services. Barclays traces ...
from 30 August 2012 until his dismissal on 8 July 2015.


Early life and education

Jenkins was born in
Blackburn Blackburn () is an industrial town and the administrative centre of the Blackburn with Darwen borough in Lancashire, England. The town is north of the West Pennine Moors on the southern edge of the Ribble Valley, east of Preston and north-n ...
, grew up in
Stoke-on-Trent Stoke-on-Trent (often abbreviated to Stoke) is a city and Unitary authorities of England, unitary authority area in Staffordshire, England, with an area of . In 2019, the city had an estimated population of 256,375. It is the largest settlement ...
, and was educated at Malbank School and Sixth Form College. He studied Philosophy, Politics and Economics (PPE) at the
University of Oxford , mottoeng = The Lord is my light , established = , endowment = £6.1 billion (including colleges) (2019) , budget = £2.145 billion (2019–20) , chancellor ...
, and was an undergraduate student at
University College, Oxford University College (in full The College of the Great Hall of the University of Oxford, colloquially referred to as "Univ") is a constituent college of the University of Oxford in England. It has a claim to being the oldest college of the univer ...
graduating in 1982. He continued his studies in the
Cranfield School of Management Cranfield School of Management, established in 1967, is a business school that is part of Cranfield University in Bedfordshire, United Kingdom. It was ranked Top 10 in the UK and 34th in Europe in the Financial Times European Business Schools ...
at
Cranfield University , mottoeng = After clouds light , established = 1946 - College of Aeronautics 1969 - Cranfield Institute of Technology (gained university status by royal charter) 1993 - Cranfield University (adopted current name) , type = Public research uni ...
gaining a
Master of Business Administration A Master of Business Administration (MBA; also Master's in Business Administration) is a postgraduate degree focused on business administration. The core courses in an MBA program cover various areas of business administration such as accounti ...
(MBA) degree in 1988.


Career

Jenkins began his career in
finance Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of fina ...
at
Barclays Barclays () is a British multinational universal bank, headquartered in London, England. Barclays operates as two divisions, Barclays UK and Barclays International, supported by a service company, Barclays Execution Services. Barclays traces ...
as a graduate in 1983, but subsequently moved to
Citigroup Citigroup Inc. or Citi (Style (visual arts), stylized as citi) is an American multinational investment banking, investment bank and financial services corporation headquartered in New York City. The company was formed by the merger of banking ...
where he was promoted to lead the company's branded
credit card A credit card is a payment card issued to users (cardholders) to enable the cardholder to pay a merchant for goods and services based on the cardholder's accrued debt (i.e., promise to the card issuer to pay them for the amounts plus the o ...
business. In 2006, he returned to Barclays to take over the company's
Barclaycard Barclaycard (; stylized as barclaycard) is a brand for credit cards of Barclays PLC. , Barclays had over ten million customers in the United Kingdom. History Barclays launched Barclaycard on 29 June 1966, initially as a charge card, but followin ...
division. In 2009, Jenkins was promoted to
chief executive A chief executive officer (CEO), also known as a central executive officer (CEO), chief administrator officer (CAO) or just chief executive (CE), is one of a number of corporate executives charged with the management of an organization especially ...
of the retail and business banking group and asked to join the
executive committee A committee or commission is a body of one or more persons subordinate to a deliberative assembly. A committee is not itself considered to be a form of assembly. Usually, the assembly sends matters into a committee as a way to explore them more ...
. Jenkins was appointed as Barclays' group chief executive on 30 August 2012. In February 2014, he announced he would be declining his bonus for 2013 following a series of scandals. On 8 July 2015 it was announced that he had been sacked by Barclays after a dispute with the board over the size of the
investment bank Investment is the dedication of money to purchase of an asset to attain an increase in value over a period of time. Investment requires a sacrifice of some present asset, such as time, money, or effort. In finance, the purpose of investing is ...
and the pace of
cost cutting Cost reduction is the process used by companies to reduce their costs and increase their profits. Depending on a company’s services or products, the strategies can vary. Every decision in the product development process affects cost: design i ...
. Barclays'
deputy chairman The chairperson, also chairman, chairwoman or chair, is the presiding officer of an organized group such as a board, committee, or deliberative assembly. The person holding the office, who is typically elected or appointed by members of the grou ...
Sir Michael Rake Sir Michael Derek Vaughan Rake (born 17 January 1948) is a British businessman, former chairman of BT Group, former chairman of Worldpay and a director of S&P Global. He served as president of the CBI from 2013 until 2015. He was appointed to t ...
said a "new set of skills" was required at the head of the group. In 2016, Jenkins launched 10x Future Technologies, a
Fintech Fintech, a portmanteau of "financial technology", refers to firms using new technology to compete with traditional financial methods in the delivery of financial services. Artificial intelligence, blockchain, cloud computing, and big data are r ...
company based in London.


Service and leadership

Jenkins served on the board of Visa Europe Ltd from 2008 until 2011. He is a member of the steering group for the
Big Innovation Centre William Nicolas Hutton (born 21 May 1950) is a British journalist. As of 2022, he writes a regular column for ''The Observer'', co-chairs the Purposeful Company, and is the president-designate of the Academy of Social Sciences. He is the chair ...
– an initiative of the
Work Foundation The Work Foundation is a British not-for-profit organisation and independent authority providing advice, consultancy and research on the future of work, improving the quality of working life, leadership, economic and organisational effectiveness. ...
and
Lancaster University Lancaster University (legally The University of Lancaster) is a public university, public research university in Lancaster, Lancashire, Lancaster, Lancashire, England. The university was established in 1964 by royal charter, as one of several pla ...
. He is also closely involved with a number of charitable institutions as well and is a Patron for Government Employee Engagement. Jenkins is a One Young World Counsellor, speaking to One Young World delegates about responsible capitalism at Summits in Zurich, Switzerland in 2011,
Pittsburgh Pittsburgh ( ) is a city in the Commonwealth (U.S. state), Commonwealth of Pennsylvania, United States, and the county seat of Allegheny County, Pennsylvania, Allegheny County. It is the most populous city in both Allegheny County and Wester ...
, United States in 2012,
Johannesburg Johannesburg ( , , ; Zulu and xh, eGoli ), colloquially known as Jozi, Joburg, or "The City of Gold", is the largest city in South Africa, classified as a megacity, and is one of the 100 largest urban areas in the world. According to Demo ...
,
South Africa South Africa, officially the Republic of South Africa (RSA), is the southernmost country in Africa. It is bounded to the south by of coastline that stretch along the South Atlantic and Indian Oceans; to the north by the neighbouring countri ...
in 2013 and
Dublin Dublin (; , or ) is the capital and largest city of Republic of Ireland, Ireland. On a bay at the mouth of the River Liffey, it is in the Provinces of Ireland, province of Leinster, bordered on the south by the Dublin Mountains, a part of th ...
, Ireland in 2014. In June 2016 he was appointed shadow chair of the
Institute for Apprenticeships and Technical Education The Institute for Apprenticeships and Technical Education (IfATE) is an employer led organisation that supports technical education and apprenticeships in the United Kingdom, through qualifications such as T Levels. It is funded by the Department ...
by the
Department for Business, Innovation and Skills , type = Department , logo = Department for Business, Innovation and Skills logo.svg , logo_width = 200px , logo_caption = , picture = File:Лондан. 2014. Жнівень 26.JPG , seal = , se ...
, prior to its formal operational start in 2017.


Awards and honours

Jenkins was appointed
Commander of the Order of the British Empire The Most Excellent Order of the British Empire is a British order of chivalry, rewarding contributions to the arts and sciences, work with charitable and welfare organisations, and public service outside the civil service. It was established o ...
(CBE) in the
2021 Birthday Honours The Queen's Birthday Honours for 2021 are appointments by some of the 16 Commonwealth realms of Queen Elizabeth II to various orders and honours to reward and highlight good works by citizens of those countries. The Birthday Honours are awarded ...
for services to business in his role as chair of the Institute for Apprenticeships and Technical Education.


Personal life

Jenkins met his wife, Amanda Benson, during university and they married in 1984. The couple have two children. He is an ardent music lover who says he listens to rock, jazz, or classical music.


References

{{DEFAULTSORT:Jenkins, Antony Peter 1961 births Living people People from Stoke-on-Trent Alumni of University College, Oxford Alumni of Cranfield University British bankers British chief executives Barclays people Commanders of the Order of the British Empire