Barclays says deputy chairman Rake will stay on until end 2015 at least

15th Jul 2015 10:18

(ShareCast News) - In response to earlier media speculation regarding Sir Michael Drake's position, Barclays said on Wednesday that he intends to stay on in his roles as deputy chairman and senior independent director and be a member of the board until at least the end of 2015."If and when he stands down from the Barclays board, a new senior independent director will of course have been appointed," the bank said.Earlier in the day, reports suggested that Rake had resigned from his position at Barclays to take up the role of chairman at payments processing company Worldpay.Last week, Barclays sacked its chief executive Antony Jenkins, saying it was looking for a new set of skills.Rake has been on the board of Barclays since 2008 and was appointed deputy chairman in 2012.At 12:50, Barclays shares were up 0.5% at 277.47p, having traded a little lower earlier. .