Former FD Kheraj returns to Barclays as advisor

The former finance director of Barclays Naguib Kheraj will rejoin the bank to advise it on strategic issues, Barclays said.

Kheraj will be a senior adviser to chief executive Bob Diamond and finance director Chris Lucas on a range of commercial and policy issues. Kheraj will spend around 30 percent of his time in the role of vice chairman but will not join the Barclays board, the bank said.

Kheraj left Barclays in 2007 after 10 years at the bank where he served as group finance director as well as positions in wealth management, asset management and investment banking. After stepping down, Kheraj also advised Barclays on its failed bid for ABN Amro.

In February, Kheraj left his role as chief executive of investment advisory Lazard after just two months in the job, because he has not been able to juggle it with his philanthropic activities.