Barclays 2015 Annual Report Download - page 38

36 I Barclays PLC Annual Report 2015 home.barclays/annualreport
Governance: Directors’ report
Who we are
Board of Directors1
1 The composition of the Board is correct as at 29 February 2016.
Board of Directors
Barclays understands the importance of having a Board containing the
right balance of skills, experience and diversity and the composition of
the Board is regularly reviewed by the Board Nominations Committee.
The skills and experience of the current Directors and the value they
bring to the Board is described below. Full biographies can be accessed
online via home.barclays/investorrelations
Relevant skills and experience
John is a former CEO of Australia and New Zealand
Banking Group Limited with extensive financial
services experience across retail, commercial and
investment banking, gained both globally and in the
UK. John has a proven track record of implementing
cost reduction, cultural transformation and driving
through strategic change; most recently
demonstrated during his time as chairman of Aviva
plc. He is also an experienced non-executive director
and chairman. John became Chairman at the
conclusion of the April 2015 AGM. He became
Executive Chairman in July 2015 and held this position
until 1 December 2015, when he resumed the role of
Chairman.
Other principal appointments
Old Oak Holdings Limited; Westfield Corporation;
Chairman, The CityUK
Committees
Nom*
John McFarlane
Chairman
Age: 68
Appointed:
1 January 2015
Relevant skills and experience
Jes has nearly four decades of extensive experience in
banking and financial services. He worked for more
than 30 years at JP Morgan, initially training as a
commercial banker, and later advancing to the
leadership of major businesses involving equities,
private banking and asset management, and
ultimately heading the company’s global investment
bank. Most recently, Jes served as managing partner
at BlueMountain Capital. These roles have provided
him with a vast experience in leadership and he
brings a wealth of investment banking knowledge
to the Board. Jes joined Barclays as Group Chief
Executive on 1 December 2015.
Other principal appointments
None
Committees
None
Jes Staley
Group Chief Executive
Age: 59
Appointed:
1 December 2015
Relevant skills and experience
Sir Gerry brings to the Board a wealth of investment
banking, financial services and commercial experience
gained through his senior roles at Schroders and his
various former board positions. Sir Gerry has global
business experience across the UK, Hong Kong, the
Middle East and the US.
Sir Gerry has significant experience as a non-
executive director and chairman. He is currently the
chairman of Standard Life plc, independent
non-executive board member of Deloitte LLP and the
lead non-executive at the Ministry of Defence.
Other principal appointments
Financial Services Trade and Investment Board;
The Shareholder Executive
Committees
Nom, Rep*
Sir Gerry Grimstone
Deputy Chairman and
Senior Independent
Director
Age: 66
Appointed:
1 January 2016
Relevant skills and experience
Mike has deep knowledge of auditing and associated
regulatory issues, having worked at KPMG for over 20
years, where he was a partner. Mike was the lead
engagement partner on the audits of large financial
services groups including HSBC, Standard Chartered
and the Bank of England. While at KPMG, Mike was
Head of Quality and Risk Management for KPMG
Europe LLP, responsible for the management of
professional risks and quality control. He also held the
role of KPMG UK’s Ethics Partner.
Other principal appointments
ICAEW Ethics Standards Committee; European
Financial Reporting Advisory Group’s Technical Expert
Group; Chairman, Government Internal Audit Agency;
Charity Commission; International Ethics Standards
Board for Accountants
Committees
Aud*, Nom, Ris
Mike Ashley
Non-executive
Age: 61
Appointed:
18 September 2013
Relevant skills and experience
Tim joined Barclays after a distinguished career with
Legal & General, where, among other roles, he was
the group chief executive until June 2012. Tim’s
experience as a CEO enables him to provide
challenge, advice and support to the Executive on
performance and decision-making.
Tim brings to the Board extensive financial services
experience, knowledge of risk management and UK
and EU regulation, as well as an understanding of the
key issues for investors.
Other principal appointments
Marie Curie Cancer Care; Chairman, Apax Global
Alpha Limited
Committees
Aud, Nom, Rem, Ris*
Tim Breedon
Non-executive
Age: 58
Appointed:
1 November 2012
Relevant skills and experience
Crawford has extensive business and management
experience, gained with Bain & Company and
Standard Life plc. These roles have provided him with
experience in strategic decision-making and
knowledge of company strategy across various
sectors and geographical locations.
Crawford has also held board and committee
chairman positions during his career, notably as
chairman of the remuneration committees of
Standard Life plc and MITIE Group PLC.
Crawford intends to retire from his position at
Standard Life plc in 2016.
Other principal appointments
SSE plc; Control Risks Group Holdings Limited
Committees
Aud, Nom, Rem*
Crawford Gillies
Non-executive
Age: 59
Appointed:
1 May 2014
Relevant skills and experience
Reuben has extensive financial services experience,
particularly within investment banking and wealth
management, through his role as CEO and president
of Rockefeller & Co. Inc. and Rockefeller Financial
Services Inc. and his former senior roles with
Goldman Sachs, including as the managing partner of
the Paris office.
His various government roles in the US, including as
chairman of the Commodity Futures Trading
Commission, provides the Board with insight into the
US political and regulatory environment.
Other principal appointments
International Advisory Council of the China Securities
Regulatory Commission; Advisory Board of
Towerbrook Capital Partners LP; Advisory Board of
J. Rothschild Capital Management Limited; Financial
Services Volunteer Corps; The Asia Foundation
Committees
Nom, Ris
Reuben Jeffery III
Non-executive
Age: 62
Appointed:
16 July 2009