About Ajay Nagpal

Ajay Nagpal has served as the Chief Operating Officer at Millennium Management since 2013.

Ajay has 20+ years of experience in financial services and works within a senior team at the global investment firm, which handles over $33 billion in asset management in offices spanning three continents. Ajay and the team oversee various business areas of Millennium’s global activities and help carry out the firm’s global, multi-strategy investment approach.

Ajay Nagpal entered the finance industry as a J.P. Morgan employee. He attained titles as Managing Director of the Municipal Derivatives unit and ultimately Head of Fixed Income Derivatives Marketing for Financial Institutions before moving to Lehman Brothers in 2001.

Ajay Nagpal eventually became the Managing Director and Head of Liquid Market Sales in Fixed Income at Lehman Brothers. Four years later, he became Global Head of Equities Sales and managed a staff of 800 people worldwide.

In 2008, Barclays purchased Lehman Brothers’ U.S. holdings, and Ajay became Head of Prime Services at Barclays. Ajay was a member of the management committee of the investment banking division and also held a role as senior sponsor of Barclays’ LGBT employee network in the United States.

Ajay Nagpal is an active member of Echoing Green, a nonprofit organization dedicated to driving social progress across the world. He participates in a variety of board work including the Executive, Development, Fellowship and Finance committees. 

In July 2017, Ajay was appointed as a trustee for the Morristown Beard School in Morristown, NJ.