Ajay Nagpal

President and Chief Operating Officer at Millennium Management

Ajay Nagpal is the President and Chief Operating Officer at Millennium Management, a prominent global investment management firm based in New York City. With over 30 years of experience in the financial industry, he plays a critical role in overseeing various aspects of the firm's global operations.

Professional Background

Current Role: Nagpal has been with Millennium Management since July 2013, initially serving as Chief Operating Officer before being promoted to President in 2022. He is responsible for ensuring that the firm fulfills its mission of delivering high-quality returns to investors while adhering to principles of integrity, discipline, and excellence.1 2
Previous Experience:
- Barclays: Before joining Millennium, Nagpal was the Managing Director and Head of Prime Services at Barclays from September 2008 to July 2012. There, he managed several business lines, including Fixed Income Financing and Equity Financing.1 2
- Lehman Brothers: He served as Managing Director at Lehman Brothers from February 2001 until its acquisition by Barclays in September 2008, concluding his tenure as Global Head of Equities Sales.1 2
- J.P. Morgan: Nagpal began his career at J.P. Morgan, where he worked for nearly nine years and ultimately became the Head of Fixed Income Derivatives Marketing for Financial Institutions.1 2

Education

Ajay Nagpal holds a Bachelor of Arts in International Relations/South Asian Studies from Brown University and a Master of Public Policy from the Harvard University Kennedy School of Government.1 2

Leadership and Community Involvement

In addition to his corporate responsibilities, Nagpal is involved with various nonprofit organizations. He sits on the board of Echoing Green, which promotes diversity and racial equality, and is a Trustee at Morristown-Beard School. He also serves on the Advisory Board of the President’s Leadership Council at Brown University.2 3

Overall, Ajay Nagpal's extensive experience in investment management and leadership positions underscores his significant impact on Millennium Management's operations and strategic direction.