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Name | Symbol | Market | Type |
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Cred Ag Co 22 | LSE:10JS | London | Medium Term Loan |
Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
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0.00 | 0.00% | 0 | - |
RNS No 5126r BARCLAYS PLC 5th June 1998 BOARD CHANGES AT BARCLAYS Chris Lendrum, chief executive Corporate Banking and John Varley, chief executive Retail Financial Services, have been appointed executive directors of Barclays PLC and of Barclays Bank PLC with effect from 5 June 1998. Oliver Stocken, having served as finance director for five years, has indicated his intention to stand down from the boards of Barclays PLC and Barclays Bank PLC at the end of this year. An announcement regarding his successor will be made in due course. Jan Peelen will retire as a non-executive director of Barclays PLC and Barclays Bank PLC with effect from 31 August 1998. Mr Peelen has been a director since 1991. Note for editors: Chris Lendrum (age 51) joined the Group Executive Committee in September 1996. Following the restructuring of the Group's businesses in April 1998 he was appointed chief executive Corporate Banking. Chris was previously managing director, Business Banking, UK Banking Services. He joined Barclays in 1969. Corporate Banking is responsible for providing an integrated structure directing the development and delivery of banking services on a relationship basis to the Group's corporate customers world-wide. John Varley (age 42) joined the Group Executive Committee in September 1996. In April 1998, he became chief executive Retail Financial Services. John was previously chairman of Asset Management. He joined Barclays Merchant Bank in 1982. Retail Financial Services is responsible for all the Group's retail interests around the world, including UK Personal Banking, UK Small Business Banking, Barclaycard, Barclays Offshore Services, European Retail Banking Group, Africa and Caribbean, Barclays Private Banking, Barclays Life, Global Mutual Funds, Barclays Stockbrokers and Barclays Property Investment. Oliver Stocken (age 56) joined Barclays Merchant Bank in 1979 and held a number of senior positions in BZW before joining the Board in 1993 as Finance Director. He is a non-executive director of MEPC plc. For further information please contact: Susan Cottam Group Public Relations Barclays PLC Tel: 0171 699 2658 END BOABGGBLGUGCCIU
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