Thomas Llewellyn Kalaris (born November 1955) is a British banker, the former 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 ...

wealth and investment management.

Early life

Kalaris has a bachelor's degree from

Dickinson College , mottoeng = Freedom is made safe through character and learning , established = , type = Private liberal arts college , endowment = $645.5 million (2022) , president = J ...

Carlisle, Pennsylvania Carlisle is a Borough (Pennsylvania), borough in and the county seat of Cumberland County, Pennsylvania, United States. Carlisle is located within the Cumberland Valley, a highly productive agricultural region. As of the 2020 United States census, ...

, and an MBA from the

University of Chicago The University of Chicago (UChicago, Chicago, U of C, or UChi) is a private research university in Chicago, Illinois. Its main campus is located in Chicago's Hyde Park neighborhood. The University of Chicago is consistently ranked among the b ...

Career

Kalaris joined Barclays in 1996, and was a member of the bank's executive committee from November 2009. 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. In June 2017, following a five-year investigation by the UK's Serious Fraud Office covering

' activities during the

financial crisis of 2007–2008 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 fi ...

, the former Barclays chief executive

John Varley John Varley may refer to: * John Varley (canal engineer) (1740–1809), English canal engineer * John Varley (painter) (1778–1842), English painter and astrologer * John Varley (author) (born 1947), American science fiction author * John Silvest ...

and three former colleagues, Roger Jenkins, Kalaris and

Richard Boath Richard Boath is a British banker, the former Barclays global co-head of finance. Early life Richard Boath is the son of a senior chemicals company executive , and a former Miss Manchester. He has a bachelor's degree in management science from ...

were charged with

conspiracy to commit fraud Conspiracy to defraud is an offence under the common law of England and Wales and Northern Ireland. England and Wales The standard definition of a conspiracy to defraud was provided by Lord Dilhorne in '' Scott v Metropolitan Police Commissioner'' ...

and the provision of

unlawful financial assistance Financial assistance in law refers to assistance given by a company for the purchase of its own shares or the shares of its holding companies. In many jurisdictions such assistance is prohibited or restricted by law. For example, all EU member s ...

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

References

1955 births Living people Barclays people British bankers {{UK-business-bio-stub