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

  • The boom in online ads

    Eleni Marouli, senior analyst at IHS, explains what has driven the growth in online advertising and spending.

  • European shares close lower as Greek vote eyed

    European equities closed lower on Friday as investors looked ahead to Sunday, when a referendum that could affect Greece's future in the euro zone will take place.

  • Limited contagion risk from Greece?

    Stephen Macklow-Smith, European equities portfolio manager at J.P. Morgan Asset Management, discusses European stocks after the market's worst week this year.