Top Barclays banker takes time out due to stress and exhaustion

Pulling Hair

One of the most senior bankers of his generation.

Reuters reports that Hector Sants, Britain's former top financial regulator who joined Barclays at the start of this year as head of compliance, is to take the rest of the year off after suffering from exhaustion and stress.

Barclays said on Tuesday Sants had been diagnosed following five years at the helm of the Financial Services Authority and a busy start to his role at the bank.

The Independent reports that Sants was one of the chief architects of banking regulatory policy through the global financial crisis and took on his post at Barclays in January.

He is expected to be off work for about three months, not returning until the New Year.

Barclays compliance chief Sants takes time off for stress

Sir Hector Sants forced to quit Barclays temporarily due to stress

image: © stuartpilbrow

JefferiesAnd the Best Place to Work in the global financial markets 2016 is...

Register for Financial Markets News Alerts