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Statement re Sir Ian Cheshire's Directorships

In response to queries from some shareholders regarding the time commitments of Sir Ian Cheshire, Barclays confirms that plans are in place for Sir Ian to reduce the number of other directorships held.    

Sir Ian was appointed to the Board of Barclays Plc on 3 April 2017 and has committed to Barclays and its regulators that he will reduce his other directorships by September 2017.

Notes to editors

  •  Sir Ian is Chairman designate of the Barclays ring fenced bank which is expected to be fully established by Easter 2018.
  • Our regulators have granted a waiver to allow Sir Ian to bring his directorships within the required regulatory limits by 30 September 2017. This is published on PRA/FCA site. 

About Barclays

Barclays is a transatlantic consumer, corporate and investment bank offering products and services across personal, corporate and investment banking, credit cards and wealth management, with a strong presence in our two home markets of the UK and the US.

With over 325 years of history and expertise in banking, Barclays operates in over 40 countries and employs approximately 120,000 people. Barclays moves, lends, invests and protects money for customers and clients worldwide.

For further information about Barclays, please visit our website www.home.barclays .