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16 Jul 2015 10:00
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16 July 2015
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BARCLAYS PLC
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Statement re: Sir Michael Rake
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Barclays PLC and Barclays Bank PLC (Barclays) note recent press speculation concerning Sir Michael Rake's position on the Barclays Boards. Barclays wishes to make clear that Sir Michael Rake will continue to serve on the Barclays Boards as Deputy Chairman and Senior Independent Director until such time as a new Group Chief Executive is in post, John McFarlane has reverted to the role of NonβExecutive Chairman and a replacement Senior Independent Director is in place. This is to ensure that the highest standards of corporate governance are maintained. Any conflict of interest which may arise in respect of his Chairmanship of Worldpay will be managed in the normal manner.
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-Ends-
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For further information please contact:
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Investor Relations | Media Relations |
Kathryn McLeland | Will Bowen |
+44 (0)20 7116 4943 | +44 (0)20 3134 7744 |
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About Barclays
Barclays is an international financial services provider engaged in personal, corporate and investment banking, credit cards and wealth management with an extensive presence in Europe, the Americas, Africa and Asia. Barclays' purpose is to help people achieve their ambitions - in the right way.
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With 325 years of history and expertise in banking, Barclays operates in over 50 countries and employs over 130,000 people. Barclays moves, lends, invests and protects money for customers and clients worldwide.
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For further information about Barclays, please visit our website www.barclays.com
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