Barclays finance director to retire

4 February 2013

Chris Lucas has decided to step down from his role as group finance director at Barclays, it has emerged.

The major British bank announced last night (3 February) that Mr Lucas will step down from this position as soon as a suitable successor has been identified.

Mark Harding, general counsel at the financier, has also opted to resign from his role, although Barclays explained that the importance of securing the right candidates for such senior jobs means the process of recruiting replacements is likely to take a "considerable time to complete".

Speaking about his decision, Mr Lucas noted that while it has been a "great pleasure and privilege" to serve as Barclays' finance director for nearly six years, now is the "appropriate" time for him to step down as the bank continues its post-recession restructuring process.

Meanwhile, Mr Harding echoed these sentiments by saying that the "exciting journey" ahead for the lender under the guidance of new chief executive Antony Jenkins provides an "obvious transition point" for him to leave.

By Tony Aynsley

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