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Barclays picks JP Morgan's Morzaria as new finance director

Tue, 16th Jul 2013 10:07

LONDON, July 16 (Reuters) - Barclays said TusharMorzaria, an executive at JP Morgan, will become its newfinance director in February, bringing in someone from outsideBritish banking to help its recovery from a series of scandals.

It ends a lengthy search for a finance director, after thebank said in February Chris Lucas would step down after sixyears in the role.

Morzaria is currently chief financial officer of corporateand investment banking at JP Morgan Chase, where he has spentthe majority of his career.

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