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Barclays UK Chairman To Step Down, Successor Named
Tom Burroughes
6 March 2021
Barclays’ UK director and chairman Ian Cheshire is to step down from the start of January next year, to be succeeded by Crawford Gillies.
Cheshire has decided he cannot shoulder the extra commitment to carry out a programme of change at the unit, Barclays said in a statement on Friday last week.
Gillies will stay on the board of since 2011, and a senior independent director since 2016, having previously chaired L&G's audit committee from 2013-2016. She will be retiring from the L&G board in March next year, before taking up her role on the board of Barclays.
The chair appointments are subject to regulatory approval.