Ravi Singh, a Goldman Sachs alum who joined Barclays Chief Investment Office in New York earlier this year, is leaving the firm after less than four months. according to two sources familiar with the matter.
Singh reported to now-departed Chief Investment Officer of the international unit Art Mbanefo, who left the bank earlier this month after the sudden exit of his boss Tim Throsby.
Singh had previously worked as Global Head of Alternatives at Credit Suisse, as well as at Goldman Sachs and Lehman Brothers, Mbanefo wrote in a memo announcing his hire in December and seen by Business Insider.
Separately David Simpson, a Barclays managing director in London who also worked under Mbanefo, is also leaving the bank, insiders said.
Barclays staffers were jolted in late March by the surprise exit of Throsby, who was hired by CEO Jes Staley in 2017 from JPMorgan to help turn around the investment bank. Barclays announced Throsby’s departure along with a wide swathe of management changes.
The bank is also already battling a revolt from activist shareholder Edward Bramson, who is leveraging his 5.5% stake in the company to angle for a seat on the board and deep cuts to the investment-bank unit.
Simpson did not respond to a request for comment. Singh could not be reached for comment.
Barclays declined to comment.
This story is developing.