Barclays board member to retire

Barclays has announced that David Booth, non‑executive Director, has decided to retire from the board with effect from 31st December 2013.

Sir David Walker, Barclays Chairman, said Monday: 'I would like to thank David on behalf of the Board for his commitment and dedication to Barclays since joining the Board in May 2007. David has made a very significant contribution to Barclays over the past six years, particularly in his role as Chairman of the Board Financial Risk Committee, and the Board will miss his wise counsel, insights and expertise. My Board colleagues and I wish David every success for the future'.

Tim Breedon will succeed Booth as Chairman of the Board Financial Risk Committee with effect from 1 January 2014. Additionally, Mike Ashley will become Chairman of the Board Audit Committee, effective from the same date, in place of Sir Michael Rake. Sir Michael will remain on the Board as Deputy Chairman.

image: © Dick Johnson

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