Home Online Banking Barclays PLC Names John Kingman as Chair of Barclays Financial institution UK

Barclays PLC Names John Kingman as Chair of Barclays Financial institution UK

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Barclays PLC Names John Kingman as Chair of Barclays Financial institution UK

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By Elena Vardon

Barclays PLC on Monday mentioned it has appointed John Kingman as chair of Barclays Financial institution UK efficient June 1, succeeding Crawford Gillies.

The British financial institution mentioned Mr. Kingman, who stepped down as chair of Tesco Financial institution on Jan. 22, has additionally been named as nonexecutive director alongside Marc Moses. Mr. Moses’ appointment is efficient as of Jan. 23, it added..

The FTSE 100 group mentioned Mike Ashley and Mr. Gillies will retire as nonexecutive administrators in Might on the finish of their tenure on the financial institution’s board.

Barclays added that Julia Wilson will exchange Mr. Ashley as chair of the audit committee and be part of the board of Barclays Financial institution UK from April 1.

Write to Elena Vardon at elena.vardon@wsj.com

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