Aug 11 The former chief executive of the
Financial Times, Rona Fairhead, and the former deputy governor
of the Bank of England, Howard Davies, are contesting to be
Barclays Plc's next chairman, the Sunday Times
reported, citing sources.
Fairhead, who is a non-executive director at rival bank HSBC
Holdings Plc, is among those short-listed for the top
position at Barclays, the Times quoted sources close to the bank
as saying. (thetim.es/1kUMRWO)
The Times said Davies, who was also the head of the
Financial Services Authority, Britain's former financial
regulator, is also believed to be in the running.
John Sunderland, a non-executive director at Barclays, was
in April appointed to lead the search for a potential successor
to Chairman David Walker.
Walker, who spearheaded an overhaul of Barclays' management
following the Libor scandal, replaced Marcus Agius as chairman
in 2012 and was expected to serve for a maximum of three years.
While a handful of other names were still in contention, a
final decision was not expected until Christmas, the Times said.
Barclays could not immediately be reached for comment
outside of regular business hours in Britain.
(Reporting by Esha Vaish in Bangalore; Editing by Paul Simao)