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C S Venkatakrishnan, the chief govt officer of Barclays Plc, on Monday stated he has a type of lymphoma and can bear therapy for just a few months.
Venkatakrishnan, who was born in India, stated in a regulatory submitting that his situation was curable and that the docs lauded his prognosis, with the therapy in New York anticipated to final between 12 and 16 weeks.
He should earn a living from home for some intervals and received’t be capable to journey, the submitting stated.
“Throughout this era, the corporate will run usually, and I’ll proceed to be actively engaged in managing it,” Venkatakrishnan, who is understood within the financial institution as Venkat, stated within the letter.
“The matter has been detected early, with scans and biopsies confirming it to be very localised,” Venkatakrishnan stated. “I’ve all the time exercised repeatedly and am sturdy and match as I begin this therapy.”
Venkatakrishnan, who’s now based mostly in New York, was born in Karnataka’s Mysore.
Venkatakrishnan took the helm of Barclays a bit of greater than a 12 months in the past, having joined the financial institution from JPMorgan in late 2015.
Venkatakrishnan’s therapy will happen at New York’s Memorial Sloan Kettering Most cancers Middle, based on the submitting.
“We have now a extremely succesful and seasoned govt committee, supported by a gifted senior administration crew,” the CEO stated within the submitting, including that he was “extraordinarily grateful” for the assist of the financial institution’s board.
(With inputs from businesses)
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