Barclays names new CIO

Filed in archive Outsourcing News on August 19, 2005

Dominic Trotta has been named Barclays new chief information officer. Trotta fills in the position that interim CIO Mike Foley will leave as he becomes Barclay's chief administrative officer.

Barclays' chief operating officer Paul Idzik, said, "We have tremendous confidence that he will drive our technology organization to the next level. He is a world class executive, and we are delighted to welcome him to Barclays."

Trotta was previously employed in financial services company Citigroup. As the company's chief technology officer, he has had experience in managing outsourcing contracts.

In June 2004, Barclays Bank signed a �400 million, six-year IT outsourcing contract with consultancy firm Accenture.