Barclays: David Walker to Succeed Agius as Chairman from November 1

Date : 08/09/2012 @ 1:46PM
Source : Dow Jones News
Stock : Barclays (BCS)
Quote : 10.81  -0.7 (-6.08%) @ 4:25PM

Barclays: David Walker to Succeed Agius as Chairman from November 1

Barclays (LSE:BARC)
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LONDON--Barclays PLC (BARC.LN), a global financial service provider, said Thursday that David Walker has been appointed as a non-executive Director of Barclays with effect from Sept. 1, and will succeed Marcus Agius as Chairman of Barclays with effect from Nov. 1.

MAIN FACTS:

-Marcus Agius will step down as a Director and as Chairman of Barclays with effect from Oct. 31.

-David Walker is currently a Senior Adviser to U.S. bank Morgan Stanley International, having previously held the position of Chairman.

-Barclays PLC shares closed Thursday at 178.9 pence, valuing the company at GBP21.89 billion.

-Write to Razak Musah Baba at razak.baba@dowjones.com

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