Barclays names Broadbent Dep Chairman

16th Jul 2009 08:16

Shares in Barclays were up 0.7% after it confirmed the appointment of Sir Richard Broadbent as deputy chairman with immediate effect. Broadbent, who has been a non-executive director since 2003 and Senior Independent Director since 2004, succeeds Sir Nigel Rudd, who retired as deputy chairman in April 2009, Barclays said in a company statement. The bank also confirmed Reuben Jeffery will join the boards of Barclays and Barclays Bank, as a non-executive director, with immediate effect. Commenting on the appointments Barclays chairman Marcus Agius said, "Barclays will benefit from Reuben Jeffery's extensive experience in investment banking, regulation and government service in the US and Europe. Sir Richard Broadbent has served the Barclays board with distinction for the past six years and in his capacity as deputy chairman he will be able to add to the significant contribution."