Barclays’ deputy denies quit reports
Mr Rake said yesterday: “Contrary to this morning’s media report and, as I have made clear, I have no present intention to stand down from the Barclays’ board.”
Mr Rake, the chairman of telecoms company BT Group and airline easyJet, ruled himself out of the running for the chairmanship of Barclays in July. The new chairman, David Walker, has made clear that he wants to add non-executive directors to bolster Barclays’ board.
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Hide AdBarclays lost a number of senior executives, including chief executive Bob Diamond, in the fallout from the Libor rate-rigging scandal which engulfed the bank and led to a £290m settlement with regulators.
Mr Walker, who takes up his role in November, has begun to reshape the board. He recently appointed former insurance boss Tim Breedon as a new non-executive director.