The Board ensured that the process to select the new Chief Executive was both rigorous and thorough.
Antony stood out among a very competitive field of internal and external candidates because of his excellent track record transforming Barclaycard and Retail and Business Banking; his intimate knowledge of Barclays portfolio garnered over three years on the Group Executive Committee; his role in the development of the bank’s strategy; and his future vision for Barclays and plan to realise it.
Antony's appointment has the support of all the Directors; we are confident that, supported by the Board and the Executive Committee, he will work quickly to take the Group forward.
As far as the banking world goes, Antony Jenkins is about as far from being Bob Diamond as it is possible to be.
Barclays has admitted it is being investigated over payments made at the height of the financial crisis to Qatar.