Naguib Kheraj, chief executive of JPMorgan Cazenove, will leave the group next month after the US bank that bought out the UK broker last year failed to find him a mutually suitable role. Kheraj, formerly finance director of Barclays, is expected to take six months’ leave before assuming another full-time role. He is expected to focus on charitable work for the short term but many in the City consider him the favourite to succeed Eric Daniels, CEO of Lloyds Banking Group, if Daniels leaves his role.

This entry was posted by Gwen Robinson on Wednesday, February 10th, 2010 at 4:44 and is featured in The 6am Cut London (10 Feb 2010) . Tagged with jpmorgan cazenove, Lloyds Banking Group. Edit this entry.