GO
Loading...

Enter multiple symbols separated by commas

Barclays finance chief Lucas to step down due to ill health

Barclays Bank
Adam Jeffery | CNBC

Barclays Finance Director Chris Lucas is stepping down from the bank six months ahead of his scheduled retirement, citing health reasons, the bank said on Wednesday.

Lucas, aged 52, who has been finance director for a tough six years that spanned the global financial crisis, announced his retirement in February.

The bank announced in July that JPMorgan executive Tushar Morzaria would take over as finance director in February next year.

He will now take up his appointment on 15 October. Peter Estlin, Barclays' group financial controller, will serve as acting finance director until Mozaria's arrival.

Follow us on Twitter: @CNBCWorld

Contact Europe News

  • CNBC NEWSLETTERS

    Get the best of CNBC in your inbox

    Please choose a subscription

    Please enter a valid email address
    To learn more about how we use your information,
    please read our Privacy Policy.

Europe Video

  • Is FIFA in need of fresh blood?

    U.K. Conservative Member of Parliament Damian Collins says that Wednesday underlined the "total failure" of FIFA to investigate itself.

  • Searching for Greece solutions

    Phillippe Gudin, chief European economist at Barclays, explains why the Greek crisis is different today compared to 2010.

  • Greek contagion heading your way?

    Joe Oliver, finance minister of Canada, tells CNBC that countries must take critical steps to improve growth, with particular comment on the Greek crisis.