Barclays Shared Services has appointed Sameer Chadha as its new CEO. It is a wholly owned subsidiary of Barclays Bank Plc.

Prior to the new appointment, Chadha was acting as COO of the company. He will be replacing Paul Riley. Riley has shifted to another position in the group.

"Chadha has been with the company since its initial phases and is ideally positioned to continue the good work and build on the foundation created by Paul and take BSS to the next level of growth," Barclays Global Operations Officer (Global Retail Banking) Jim Milby said.