Barclays boss ready to end seven-year tenure

Barclays was on the verge of a new era today as the controversial tenure of chief executive-turned-chairman Matt Barrett draws to a close.

Barclays boss ready to end seven-year tenure
Thu, 28 Dec, 2006 - 16:18

Barclays was on the verge of a new era today as the controversial tenure of chief executive-turned-chairman Matt Barrett draws to a close.

Mr Barrett, 62, leaves the UK’s third largest bank on New Year’s Day to be replaced as chairman by Lazard veteran Marcus Agius, one of the leading deal-makers in the City of London.

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