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Paul Thomas Idzik-Personality of the Week

Since January 22, 2013, paulidzik has happily been the Chief Executive Officer as well as President of E TRADE Financial Corporation. At Barclay Bank IC, Idzik worked as the Chief Operating Officer. From November 3, 2008 to August 2011, Idzik worked as the Group Chief Executive Officer of DTZ Holdings PLC. From November 2004 to March 2007, Idzik also worked as the Chief Operating Officer of Barclays Bank PLC. From November 2004 to 2008, he worked as the Chief Operating Officer of Barclays PLC. Prior to this appointment, Idzik worked as a Managing Director as well as Chief Operating Officer of Barclays Capital Limited, along with global responsibility regarding finance, risk management, technology, facilities, operations, legal, human resources, compliance, planning, as well as corporate communications. In August 1999, he joined Barclays Capital to ensure a career with Booz Allen & Hamilton. That is where he was a Partner as well as Senior Member of the Financial Institutions Practice.

He led the Booz Allen team, from 1997 to 1998, which assisted management in the restructuring and creation of Barclays Capital next to the sale of the BZW equities as well as M&A dealings. He has also been a Director at E Trade Bank and E TRADE Financial Corporation since January 22, 2013. Idzik functions as a Director of Barclays Capital and has served as a Director of Barclays PLC. From November 3, 2008 to August 2011, he worked as a Director of DTZ Holdings PLC. Idzik also has a BA from the University of Notre Dame as well as an MBA from the University of Chicago.

Paul Idzik is different than most people’s idea of somebody you would expect to be administering a high street bank. For starters, he is an American. Also, for seconds, he used to work as a management consultant. A last, for thirds, he had this craze about pens, precisely pens that belong to rival banks. Briefly after taking up his present post around a year ago, a post Barclays achieved to do without for beyond 300 years. By the way, he was in a meeting, when a subordinate began writing with a pen of Royal Bank of Scotland. Idzik took it from him and then broke it in half!

Idzik also has this thing regarding shaking people up. A suitable, 44-year-old – thanks to tons of tennis, at which he was great enough to consider to turn professional – he once leapt the security gates at Barclays’ brand new Canary Wharf headquarters to just check the staff’s reaction. Other, unverified, Idzik stories prosper from current as well as former colleagues. Individuals tend to either love him or be happy they aren’t working with him!

At Barclays, Idzik’s job is basically to alter the boring old high street clearing bank culture as well as bring in and encourage top talent. However, typically of a previous consultant, his description of this takes a couple of minutes. Also, he doesn’t mind at all if he rubs a couple of people up the wrong way to accomplish them.

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About Emaad Qureshi