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Former Barclays Bank UK CEO Ashok Vaswani Joins Pagaya as President

Former Barclays Bank UK CEO Ashok Vaswani Joins Pagaya as President

Pagaya, a global, data-driven financial technology company reshaping the future of finance, announced Ashok Vaswani as its President. This additional key hire is a pivotal next step to continue the company’s recent growth and expected ascent to becoming a publicly traded company in June.

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“We are excited to welcome Ashok as President of Pagaya. He has a proven track record of building and growing businesses at international scale,” said Gal Krubiner, Pagaya’s Co-founder and CEO. “His values and experience align with Pagaya’s mission to continue empowering banks and financial service providers to deliver access to broader financial products and enable customer engagement through A.I.”

As President, Ashok will leverage his 30+ years of financial services industry expertise to lead all commercial, risk, regulatory, compliance, and legal efforts with current and prospective bank partners. Pagaya remains focused on continuing to onboard bank partners into its network, enabling access to broader financial products for their customers.

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“Pagaya is a pioneer in revolutionizing the financial ecosystem by harnessing the power of A.I. and big data,” said incoming President, Ashok Vaswani. “There is a real opportunity to enable not just one financial institution but the entire ecosystem. I am thrilled to join Pagaya and partner with its executive team to drive this change that many of us at traditional institutions have been trying to effect for years.”

Prior to Pagaya, Ashok Vaswani was a member of Barclays Group Executive Team. During his tenure at Barclays, Ashok led the drive to digitize the UK Retail Bank and transformed the consumer and payments businesses. Ashok also served as Barclay’s Chief Executive Officer of consumer banking & payments and Barclays Bank UK. He spent twenty years with Citigroup, and served as their CEO, Asia Pacific.

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