Winton Capital has announced that Sir David Walker is to join the Group as non-executive Chairman with effect from 1 July 2015.
The chairman of Barclays has questioned how his counterpart at Standard Chartered has managed to hold down other jobs while chairing the emerging markets bank.
Sir Mike Rake has turned down to the opportunity to become the next chairman of Barclays, following a string of scandals at the bank.
Barclays faces a barrage of shareholder anger over excessive pay following another troubling year for the bank.
Barclays has announced that Crawford Gillies has been appointed as a non-executive Director of Barclays and will become a member of the Board Remuneration Committee with effect from 1 May 2014.
Barclays has hired head hunters to search for a new chairman just 18 months after Sir David Walker was parachuted into the embattled bank’s boardroom.
Sir Richard Lambert, the former Financial Times editor and ex-director general of the Confederation of British Industry, is to chair a new professional body aimed at raising standards in the scandal-hit banking industry.
Barclays has clawed back up to £300m in bonuses paid to staff, after being fined for Libor-rigging and paying out millions for the mis-selling of payment protection insurance and interest rate swaps.
Barclays is expected to reveal next week that as many as 600 of its staff are paid more than £1m, in the most detailed disclosure yet about how much its 140,000 employees take home each year.
Sir David Walker, the incoming chairman of Barclays, has reignited the debate over disclosure of top pay by calling for banks and other major companies to publish numbers on all staff earning more than £1m.