Barclays 2006 Annual Report Download - page 117

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Barclays PLC
Annual Report 2006 113
Governance
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Sir John Sunderland
Non-executive Director
Age 61
Sir John joined the Board on
1st June 2005. He has been
Chairman of Cadbury Schweppes
PLC since May 2003. Sir John
joined Cadbury Schweppes in
1968 and was appointed Chief
Executive in September 1996.
He is Deputy President of the CBI,
having retired as President on
31st December 2006, and is a
former President of both ISBA
(the Incorporated Society of British
Advertisers) and the Food and
Drink Federation. Sir John is a
Director of the Financial Reporting
Council, an Adviser to CVC Capital
Partners, an Advisory Board
Member of Ian Jones & Partners
and of Marakon Associates, and
an Association Member of BUPA.
He is a member of the Board HR
and Remuneration and Board
Corporate Governance and
Nominations Committees. 10
John Varley
Group Chief Executive
Executive Director and member
of Executive Committee
Age 50
John was appointed as Group Chief
Executive on 1st September 2004,
prior to which he had been Group
Deputy Chief Executive from
1st January 2004. He held the
position of Group Finance Director
from 2000 until the end of 2003.
John joined the Executive
Committee in September 1996
and was appointed to the Board in
June 1998. He was Chief Executive
of Retail Financial Services from
1998 to 2000 and Chairman of the
Asset Management Division from
1995 to 1998. He is Chairman of
Business Action on Homelessness,
President of the Employers’ Forum
on Disability and a member of the
International Advisory Panel of the
Monetary Authority of Singapore.
John is also a non-executive
Director of AstraZeneca PLC and
a Director of Ascot Racecourse. 11
Robert E Diamond Jr
President, Barclays PLC and
CEO, Investment Banking and
Investment Management
Executive Director and member
of Executive Committee
Age 55
Bob was appointed President
of Barclays PLC and became an
executive Director on 1st June
2005. He is responsible for the
Investment Banking and
Investment Management
business for the Group. He has
been a member of the Executive
Committee since September 1997.
He joined Barclays in July 1996
from CSFB where he was Vice-
Chairman and Head of Global
Fixed Income and Foreign
Exchange. 12
Gary Hoffman
Group Vice-Chairman
Executive Director
Age 46
Gary was appointed as Group
Vice-Chairman in July 2006.
He was formerly Chairman of UK
Banking and of Barclaycard and
prior to that was Chief Executive
of Barclaycard. He joined the
Board on 1st January 2004.
As Group Vice-Chairman, Gary is
accountable on the Board for a
range of responsibilities including
Corporate Responsibility, Public
Policy, Equality and Diversity,
leading the Group’s response to
the FSA’s Treating Customers Fairly
initiative, chairing the Group’s
Governance and Control
Committee and franchise health
with customers, employees and
communities. Gary joined the
Group in 1982. Gary is also a
non-executive Director of Trinity
Mirror PLC. 13
Naguib Kheraj
Group Finance Director
Executive Director and member
of Executive Committee
Age 42
Naguib was appointed as Group
Finance Director and joined the
Board on 1st January 2004. He had
previously held the positions of
Chief Executive of Barclays Private
Clients, Deputy Chairman of
Barclays Global Investors, Global
Head of Investment Banking and
Global Chief Operating Officer at
Barclays Capital. He joined the
Executive Committee in March
2003. Before joining Barclays, he
was a Managing Director and held
the post of Chief Financial Officer
for Europe at Salomon Brothers.
Naguib is also a non-executive
Director of Absa Group Limited.
Naguib will leave the Board on
31st March 2007 and will be
succeeded by Chris Lucas. 14
Christopher Lucas
Group Finance Director
(from 1st April 2007)
Executive Director and member
of Executive Committee from
1st April 2007
Age 46
Chris will join the Group and
the Board from 1st April 2007
and will succeed Naguib Kheraj
as Group Finance Director.
Chris joins Barclays from
PricewaterhouseCoopers, where he
was UK Head of Financial Services
and Global Head of Banking and
Capital Markets. He was Global
Relationship Partner for Barclays
for the 1999-2004 financial years
and subsequently held similar roles
for other global financial services
organisations. Chris has worked
across financial services for most
of his career, including three years
in New York as Head of the US
Banking Audit Practice of
PricewaterhouseCoopers. 15
Frederik (Frits) Seegers
Chief Executive, Global Retail
and Commercial Banking
Executive Director and member
of Executive Committee
Age 48
Frits was appointed Chief
Executive of Global Retail and
Commercial Banking and became
an executive Director on 10th July
2006. He is responsible for all
Barclays retail and commercial
banking operations globally,
including UK Banking (Retail and
Business), International Retail
and Commercial Banking and
Barclaycard. He is also a non-
executive Director of Absa Group
Limited. Frits joined the Board from
Citigroup, where he previously held
a number of senior positions, most
recently CEO Global Consumer
Group with a remit covering all
retail operations in Europe, Middle
East and Africa. He was also a
member of the Citigroup
Operating Committee and the
Citigroup Management
Committee. 16
Paul Idzik
Chief Operating Officer
Member of Executive Committee
Age 46
Paul joined the Executive
Committee and became Chief
Operating Officer in November
2004. He is also Chairman of the
Group Operating Committee.
Paul was formerly Chief Operating
Officer of Barclays Capital. He
joined Barclays Capital in August
1999 following a career with Booz
Allen & Hamilton, where he was a
partner and senior member of the
Financial Institutions Practice. 17