Barclays 2012 Annual Report Download - page 48

Appointing a new Group Chief Executive
The process to appoint a new Group Chief Executive was initially led by my predecessor, Marcus
Agius, in conjunction with Sir Michael Rake, the Deputy Chairman, and other members of the
Board Corporate Governance and Nominations Committee, although I was closely involved from
the announcement of my appointment as Chairman-designate in early August 2012.
An external search firm was engaged to identify candidates against the role specification and
the skills, experience and personal qualities the Board had agreed were essential and desirable
for the role of Group Chief Executive. An extensive list of global, potential candidates was
reviewed, with a shortlist of candidates, both internal and external, put forward to the Board for
discussion during July 2012. After meetings between several candidates and the then Chairman,
the Deputy Chairman and the Group HR Director, the candidate list was narrowed further to
three potential candidates, who each then met individually with me and with Barclays non-
executive Directors.
The non-executive Directors on the Board met in mid-August 2012 to allow Directors to provide
feedback on their meetings with each candidate. It became clear from our discussions that
Antony Jenkins was the candidate that best fit the role requirements and had the vision required
to take Barclays forward, with the support of the Board and the Executive Committee. I
approached a number of our key stakeholders, including some of our major shareholders and
representatives of our principal regulators, to discuss the proposed appointment and to gauge
their views. A sub-committee of the Board, comprising Marcus Agius, Sir Michael Rake and Sir
John Sunderland, was appointed with delegated authority to finalise the terms of the
appointment, which was announced on 30 August 2012.
I am pleased that we were able to implement such a thorough and rigorous process and settle
the leadership of Barclays quickly from a strong field of candidates.
Sir David Walker
Chairman
barclays.com/annualreport46 I Barclays PLC Annual Report 2012