LONDON, Sept 26 (Reuters) - Barclays Chairman Nigel
Higgins has secured two of the biggest names in global finance
to revitalise the board of the British lender, in its latest
attempt to quell dissent from rebel shareholder Edward Bramson.
The bank said on Thursday it had appointed Dawn Fitzpatrick
and Mohamed A. El-Erian as non-executive directors, as part of a
boardroom overhaul that also included a reallocation of
responsibilties from its reputation committee to its main board
and risk committee.
Fitzpatrick is currently chief investment officer of Soros
Fund Management, where she oversees approximately $25 billion in
assets, while El-Erian is chief economic adviser at Allianz
, corporate parent of fixed income investment house
Pimco, where he served as chief executive between 2007-2014.
The lender also said it would reconstitute the membership of
its Barclays Bank board exclusively from the group board, to
create a simpler, more efficient governance structure.
From September 25, the Barclays Bank board comprises Nigel
Higgins, Chief Executive Jes Staley, Tushar Morzaria, Mike
Ashley, Tim Breedon, Mary Anne Citrino, Dawn Fitzpatrick, Mary
Francis, Matthew Lester and Diane Schueneman.
El-Erian will join the board on January 1.
The board of Barclays Bank UK remains unchanged.
(Reporting By Sinead Cruise, editing by Pamela Barbaglia)