Mike Bagguley has been busy the past few years. Based on his Crunchbase profile, he has had an interesting career thus far. He graduated with a Bachelor’s degree in Mathematics from Warwick University in 1998 and has worked his way through the ranks at Barclays PLC ever since. In June 2016, he was appointed as the company’s Chief Operating Officer (COO), a role that he has succeeded in.
For the past few years, Barclays PLC was under the leadership of Tom King. When he suddenly left, one of his colleagues was left in charge of the company, James E. Staley. Staley worked on ways to save the company money and be a force in the investment business once again, which is why Mike Bagguley came into the picture.
Mike Bagguley was already one of the top macro managers in the company, and COO of the investment division of Barclays. He was well versed in the field of macro management and made sure that the strategy in place when King left was still applicable. Bagguley even found ways to speed up the process so that the transition would be easier for the company as a whole.
In addition to becoming the COO, he was also tasked with streamlining strategies. He did this by looking at each part of the investment firm to determine which parts were profitable and which parts were not. Once this was complete, he implemented successful strategies to get the company back on track. Getting this right can helped Barclay’s become more competitive and profitable for the company as a whole.
The strategy of Mike Bagguley has paid off well for the company. By taking things one step at a time, he has been able to make Barclays a force to be reckoned with. He wouldn’t have it any other way.