1 Mar 2016 09:30
1 March 2016
Barclays PLC
Wendy Lucas-Bull to stand down from Barclays Board
Barclays PLC and Barclays Bank PLC ("Barclays") announce that Wendy Lucas-Bull, Chair of Barclays Africa Group Ltd, will stand down from the Barclays Board with immediate effect. Mrs Lucas-Bull has decided to stand down from the Barclays Board to ensure that there is no potential for conflict of interest between her position on the Board of Barclays and her position as Chair of Barclays Africa Group Ltd following the announcement today of Barclays' intention to reduce its shareholding in Barclays Africa Group Ltd.
Commenting, John McFarlane said, "I am grateful to Wendy for her strong contribution to the deliberations of the Barclays Board over the last three years and particularly for her insights into the business of banking on the continent of Africa. Wendy has ably led the Barclays Africa Group through some important strategic transactions and we wish Wendy continued success in her stewardship of the Barclays Africa Group".
-ENDS-
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About Barclays
Barclays is an international financial services provider engaged in personal, corporate and investment banking, credit cards and wealth management with an extensive presence in Europe, the Americas, Africa and Asia. Barclays' purpose is to help people achieve their ambitions - in the right way.
With 325 years of history and expertise in banking, Barclays operates in over 50 countries and employs over 130,000 people. Barclays moves, lends, invests and protects money for customers and clients worldwide.
For further information about Barclays, please visit our website www.home.barclays