Barclays 2008 Annual Report Download - page 155

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Governance
Barclays PLC Annual Report 2008 153
External appointments Non-executive Director of Shaftesbury PLC since 2008. Member of the
UK/India Round Table. Member of the British Olympic Association Advisory Board since 2007.
Member of the Council of the Royal Albert Hall. Chair of the Forensic Audit Panel since 2008.
Editor of the Sunday Telegraph until 2007. Business and City Editor of The Times until 2006.
Committee membership Member of the Barclays Brand and Reputation Committee.
13. John Varley
Group Chief Executive
Executive Director and Chairman of Executive Committee (Age 52)
John was appointed Group Chief Executive of Barclays on 1st September 2004, prior to which
he had been Group Deputy Chief Executive from 1st January 2004. He joined Barclays in 1982
and has held various positions across the Group, including the position of Group Finance
Director from 2000 until the end of 2003. He was Chief Executive of Retail Financial Services
from 1998 to 2000 and Chairman of the Asset Management Division from 1995 to 1998.
John is a non-executive Director of AstraZeneca PLC. He is also Chairman of Business Action
on Homelessness, President of the Employer’s Forum on Disability, Honorary President of
the UK Drug Policy Commission and a member of the International Advisory Panel of the
Monetary Authority of Singapore.
Term of office John joined the Executive Committee in September 1996 and was appointed
to the Board in June 1998. John was last re-elected by shareholders at the AGM in 2007.
External appointments Non-executive Director of AstraZeneca PLC since 2006. Non-
executive Director of British Grolux Investments Limited since 1999. Chairman of Business
Action on Homelessness since 2006. President of the Employer’s Forum on Disability since
2005. Honorary President of the UK Drug Policy Commission since 2007. Member of the
International Advisory Panel of the Monetary Authority of Singapore since 2006.
14. Robert E Diamond Jr
President, Barclays PLC and CEO, Investment Banking and
Investment Management
Executive Director and member of Executive Committee (Age 57)
Bob is responsible for the Investment Banking and Investment Management business of
the Barclays Group, comprising of Barclays Capital, Barclays Global Investors and Barclays
Wealth. He previously worked for Morgan Stanley and CS First Boston, where he was
Vice-Chairman and Head of Global Fixed Income and Foreign Exchange.
Term of office Bob was appointed President of Barclays PLC and became an executive
Director in June 2005. He has been a member of the Barclays Executive Committee since
September 1997. Bob was last re-elected by shareholders at the AGM in 2006, following
his appointment.
External appointments Chairman of Old Vic Productions PLC since September 2007.
15. Christopher Lucas
Group Finance Director
Executive Director and member of Executive Committee (Age 48)
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 LLP. Chris joined
Barclays from PricewaterhouseCoopers LLP, 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.
Term of office Chris was appointed Group Finance Director and became a member of the
Executive Committee in April 2007. Chris was last re-elected by shareholders at the AGM
in 2007, following his appointment.
External appointments UK Head of Financial Services and Global Head of Banking and
Capital Markets of PricewaterhouseCoopers LLP until 2006.
16. Frederik (Frits) Seegers
Chief Executive, Global Retail and Commercial Banking
Executive Director and member of Executive Committee (Age 50)
Frits is responsible for the Global Retail and Commercial Banking business of the Barclays
Group, which includes UK Retail Banking, Barclays Commercial Bank, Barclaycard, GRCB –
Western Europe, GRCB – Emerging Markets and GRCB – Absa. Frits joined Barclays from
Citigroup where he held a number of senior positions over the 17 years he worked there.
Most recently, he was CEO Global Consumer Group with a remit covering all retail operations
in Europe, the Middle East and Africa. He was also a member of the Citigroup Operating
Committee and the Citigroup Management Committee. He was CEO of Consumer Banking
for Asia Pacific, covering 11 consumer markets, between 2001 and 2004. Under his
leadership, this region was the fastest growing part of Citigroup. Frits was a non-executive
Director of Absa Group Limited from 2006 until February 2009.
Term of office Frits joined the Board and the Executive Committee in July 2006. Frits was
last re-elected by shareholders at the AGM in 2007, following his appointment.
External appointments Chief Executive Officer of Citigroup International PLC until 2006.
Committee membership Member of the Board Audit Committee since January 2008.
He will succeed Stephen Russell as Chairman of the Board Audit Committee in March 2009.
9. Sir Nigel Rudd, DL
Deputy Chairman
Non-executive Director (Age 62)
Sir Nigel is non-executive Chairman of Pendragon PLC and BAA Limited. He is also Deputy
Chairman of Invensys plc and a non-executive Director of BAE Systems PLC and Sappi
Limited. He was formerly Chairman of Alliance Boots PLC.
Term of office Sir Nigel joined the Board in February 1996 and was appointed Deputy Chairman
in September 2004. Sir Nigel will retire from the Board at the 2009 AGM in April.
Independent Yes
External appointments Chairman of Pendragon PLC since 1989. Non-executve Director and
Deputy Chairman of Invensys plc since January 2009. Chairman of Alliance Boots PLC until
2007. Director of Pilkington PLC until 2006. Director of Kidde PLC until 2003.
Committee membership Member of the Board Corporate Governance and Nominations
Committee since October 2001. Chairman of the Barclays Brand and Reputation Committee.
10. Stephen Russell
Non-executive Director (Age 63)
Stephen was Chief Executive of Boots Group PLC from 2000 until 2003, having worked for
Boots since 1967. He has held a number of non-executive positions and is currently a non-
executive Director of Network Rail and Network Rail Infrastructure Limited. He is a trustee
of St. John’s Ambulance and Tommy’s the Baby Charity, is on the Council of Nottingham
University and is Chairman of Business Control Solutions Group.
Term of office Stephen joined the Board in October 2000 on completion of the acquisition
of Woolwich PLC. Stephen was last re-elected by shareholders at the AGM in 2007.
Independent Yes
External appointments Non-executive Director of Network Rail since September 2007.
Trustee of St John’s Ambulance since 2005. Chairman of Business Control Solutions Group
since 2005. Trustee of Tommy’s the Baby Charity since 2003. Member of the Council of
Nottingham University since 2003. Chief Executive of Boots Group PLC until 2003.
Committee membership Chairman of the Board Audit Committee since April 2003
(member since October 2000). He will be succeeded by Sir Michael Rake as Chairman of the
Board Audit Committee in March 2009. Member of the Board Corporate Governance and
Nominations Committee since September 2004. Member of the Board Risk Committee since
October 2001 (Chairman from September 2004-December 2005).
11. Sir John Sunderland
Non-executive Director (Age 63)
Sir John was Chairman of Cadbury Schweppes PLC until July 2008 having worked at Cadbury’s
in various roles, including that of Chief Executive, since 1968. He is Deputy President of the
Chartered ManagementInstitute, a Director of the Financial Reporting Council, an Adviser to
CVC Capital Partners, an Association Member of BUPA and a Governor of both Reading and
Aston University Councils.
Term of office Sir John joined the Board in June 2005. Sir John was last re-elected by
shareholders at the AGM in 2008.
Independent Yes
External appointments Deputy President of the Chartered Management Institute since 2008
(President 2007-2008). Director of the Financial Reporting Council since 2004. Adviser to
CVC Capital Partners. Association Member of BUPA. Governor, Aston University Council.
Governor, Reading University Council. Chairman of Cadbury Schweppes PLC until July 2008.
Deputy President of the CBI to June 2008 (member since 2003 and President until December
2006). President of ISBA (the Incorporated Society of British Advertisers) until 2005.
President of the Food and Drink Federation until 2005. Non-executive Director
of the Rank Group PLC until 2006. Former Advisory Board Member of Trinsum Group.
Committee membership Member of the Board Corporate Governance and Nominations
Committee since September 2006. Member of the Board HR and Remuneration Committee
since July 2005.
12. Patience Wheatcroft
Non-executive Director (Age 57)
Patience was an established financial journalist and national newspaper editor, having
worked as Editor of the Sunday Telegraph from 2006 to 2007 and Business and City Editor
of The Times from 1997-2006. She is a non-executive Director of Shaftesbury PLC, a member
of the UK/India Round Table and a member of the British Olympic Association Advisory Board.
She is also a member of the Council of the Royal Albert Hall and Chair of the Forensic Audit Panel.
Term of office Patience joined the Board in January 2008. Patience was last re-elected by
shareholders at the AGM in 2008 following her appointment.
Independent Yes
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