Financial Express (Holdings) Limited (“we”, “our”, “us” and derivatives) are committed to protecting and respecting your privacy. This Privacy Policy, together with our Terms of Use, sets out the basis on which any personal data that we collect from you, or that you provide to us, will be processed by us relating to your use of any of the below websites (“sites”).

  • FEAnalytics.com
  • FEInvest.net
  • FETransmission.com
  • Investegate.co.uk
  • Trustnet.hk
  • Trustnetoffshore.com
  • Trustnetmiddleeast.com

For the purposes of the Data Protection Act 1998, the data controller is Trustnet Limited of 2nd Floor, Golden House, 30 Great Pulteney Street, London, W1F 9NN. Our nominated representative for the purpose of this Act is Kirsty Witter.

WHAT INFORMATION DO WE COLLECT ABOUT YOU?

We collect information about you when you register with us or use any of our websites / services. Part of the registration process may include entering personal details & details of your investments.

We may collect information about your computer, including where available your operating system, browser version, domain name and IP address and details of the website that you came from, in order to improve this site.

You confirm that all information you supply is accurate.

COOKIES

In order to provide personalised services to and analyse site traffic, we may use a cookie file which is stored on your browser or the hard drive of your computer. Some of the cookies we use are essential for the sites to operate and may be used to deliver you different content, depending on the type of investor you are.

You can block cookies by activating the setting on your browser which allows you to refuse the setting of all or some cookies. However, if you use your browser settings to block all cookies (including essential cookies) you may not be able to access all or part of our sites. Unless you have adjusted your browser setting so that it will refuse cookies, our system will issue cookies as soon as you visit our sites.

HOW WE USE INFORMATION

We store and use information you provide as follows:

  • to present content effectively;
  • to provide you with information, products or services that you request from us or which may interest you, tailored to your specific interests, where you have consented to be contacted for such purposes;
  • to carry out our obligations arising from any contracts between you and us;
  • to enable you to participate in interactive features of our service, when you choose to do so;
  • to notify you about changes to our service;
  • to improve our content by tracking group information that describes the habits, usage, patterns and demographics of our customers.

We may also send you emails to provide information and keep you up to date with developments on our sites. It is our policy to have instructions on how to unsubscribe so that you will not receive any future e-mails. You can change your e-mail address at any time.

In order to provide support on the usage of our tools, our support team need access to all information provided in relation to the tool.

We will not disclose your name, email address or postal address or any data that could identify you to any third party without first receiving your permission.

However, you agree that we may disclose to any regulatory authority to which we are subject and to any investment exchange on which we may deal or to its related clearing house (or to investigators, inspectors or agents appointed by them), or to any person empowered to require such information by or under any legal enactment, any information they may request or require relating to you, or if relevant, any of your clients.

You agree that we may pass on information obtained under Money Laundering legislation as we consider necessary to comply with reporting requirements under such legislation.

ACCESS TO YOUR INFORMATION AND CORRECTION

We want to ensure that the personal information we hold about you is accurate and up to date. You may ask us to correct or remove information that is inaccurate.

You have the right under data protection legislation to access information held about you. If you wish to receive a copy of any personal information we hold, please write to us at 3rd Floor, Hollywood House, Church Street East, Woking, GU21 6HJ. Any access request may be subject to a fee of £10 to meet our costs in providing you with details of the information we hold about you.

WHERE WE STORE YOUR PERSONAL DATA

The data that we collect from you may be transferred to, and stored at, a destination outside the European Economic Area (“EEA”). It may be processed by staff operating outside the EEA who work for us or for one of our suppliers. Such staff may be engaged in, amongst other things, the provision of support services. By submitting your personal data, you agree to this transfer, storing and processing. We will take all steps reasonably necessary, including the use of encryption, to ensure that your data is treated securely and in accordance with this privacy policy.

Unfortunately, the transmission of information via the internet is not completely secure. Although we will do our best to protect your personal data, we cannot guarantee the security of your data transmitted to our sites; any transmission is at your own risk. You will not hold us responsible for any breach of security unless we have been negligent or in wilful default.

CHANGES TO OUR PRIVACY POLICY

Any changes we make to our privacy policy in the future will be posted on this page and, where appropriate, notified to you by e-mail.

OTHER WEBSITES

Our sites contain links to other websites. If you follow a link to any of these websites, please note that these websites have their own privacy policies and that we do not accept any responsibility or liability for these policies. Please check these policies before you submit any personal data to these websites.

CONTACT

If you want more information or have any questions or comments relating to our privacy policy please email publishing@financialexpress.net in the first instance.

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Barclays PLC (BARC)

  Print      Mail a friend       Annual reports

Thursday 09 August, 2012

Barclays PLC

Sir David Walker to succeed Marcus Agius

RNS Number : 7306J
Barclays PLC
09 August 2012
 



 

 

 

9 August 2012

 

Barclays PLC

 

Sir David Walker appointed to succeed Marcus Agius as Chairman

 

 

Barclays PLC and Barclays Bank PLC ("Barclays") announce that Sir David Walker has been appointed as a non-executive Director of Barclays with effect from 1 September 2012 and will succeed Marcus Agius as Chairman of Barclays with effect from 1 November 2012.

 

Marcus Agius will step down as a Director and as Chairman of Barclays with effect from 31 October 2012. 

 

Sir David Walker is currently a Senior Adviser to US bank Morgan Stanley International, having previously held the position of Chairman.  He has held a number of high profile positions over the past 30 years including Assistant Secretary at the Treasury; Executive Director at the Bank of England; Chairman and Chief Executive of the Securities and Investment Board; Deputy Chairman at Lloyds Bank; Vice Chairman of Legal & General; and Chairman of the London Investment Bankers' Association.  Since 2007 he has completed two independent reports and made recommendations regarding the private equity industry and corporate governance at financial institutions.  He also co-led the independent review of the report that the FSA produced into the failure of Royal Bank of Scotland.

 

Commenting, Marcus Agius said, "Barclays is fortunate to have attracted Sir David Walker to succeed me as Chairman.  He will be taking over at a time when Barclays universal banking model is delivering a strong performance in difficult markets.  I wish him every success as he leads Barclays at this important time."

 

Sir John Sunderland, who led the process to appoint a successor to Marcus Agius, said today, "I am delighted that Sir David Walker has accepted the Board's invitation to become Chairman.  Sir David commands great respect within the financial services industry and will bring immense experience, integrity and knowledge to the role." 

 

Sir David Walker commented "I am looking forward to joining the Barclays Boards and to playing my part in taking the company forward after recent events.  The UK needs a strong financial services sector and Barclays has a crucial role to play in ensuring that this country has a successful, well-governed banking industry.  My immediate priority, and critical to Barclays ongoing success, will be the appointment of a new Chief Executive and I will be fully engaged in that process."

 

 

-ENDS-

 

Biographical details are attached.

 

Contractual arrangements are attached: fees payable as Chairman remain unchanged from those payable to Marcus Agius.

 

 

For further information please contact:

 

Investor Relations

Charlie Rozes

+44 (0) 20 7116 5752

Media Relations

Giles Croot

+44 (0) 20 7116 6132

 

 

About Barclays PLC

Barclays is a major global financial services provider engaged in personal banking, credit cards, corporate and investment banking and wealth and investment management with an extensive international presence in Europe, the Americas, Africa and Asia. With over 300 years of history and expertise in banking, Barclays operates in over 50 countries and employs 140,000 people. Barclays moves, lends, invests and protects money for customers and clients worldwide.

 

For further information about Barclays, please visit our website www.barclays.com

 



Biographical notes:  Sir David Walker

 

Education:

 

1961                                      Queen's College, Cambridge University, BA

 

Current positions:

 

2010 - date                      NBNK Investments plc, Deputy Chairman

 

2008 - date                      National Bank of Kuwait, International Advisory Board Member

 

2005 - date                      Morgan Stanley, Senior Advisor

 

                                          Group of Thirty (G30), Project Director

 

Career summary:

 

1995 - 2005                     Morgan Stanley

2000 - 2005                     Chairman, International

1995 - 2000                     Chairman & CEO, International

 

1977 - 1993                     Bank of England

 

1961 - 1977                     UK HM Treasury

 

 

Other positions held:

 

2002 - 2011                      Legal & General Group plc

2004 - 2011                      Vice Chairman

2002 - 2004                      Non-Executive Director

 

1994 - 2000                     Reuters Group, Non-Executive Director

 

1993 - 1997                     British Invisibles, Non-Executive Director

 

1993 - 1994                     Agricultural Mortgage Corp, Chairman

 

1992 - 1994                     Lloyds Bank plc, Deputy Chairman

 

1986 - 1992                    NatWest Financial Markets Group Inc, Chairman

 

1988 - 1992                    Securities & Investment Board (SIB) (UK), Chairman

 

 

 

Contractual arrangements - Sir David Walker

 

The appointment of Sir David Walker as a non-executive Director of Barclays PLC and Barclays Bank PLC ("Bank") will become effective on 1 September 2012.

 

Sir David's appointment as Chairman will become effective on 1 November 2012.

 

Fees and Time Commitment

 

As a non-executive Director of Barclays, Sir David will receive an annual fee of £250,000, £30,000 of which will be in the form of Barclays shares. 

 

As Chairman of Barclays, Sir David will receive an annual fee of £750,000 (inclusive of the annual fee he will receive as a non-executive Director).  £100,000 of the annual fee received as Chairman will be in the form of Barclays shares (replacing the £30,000 of the annual fee received as non-executive Director being in the form of Barclays shares).   

 

Sir David's time commitment will be no fewer than 4 days per week. 

 

Benefits

 

Sir David will be eligible for private health insurance.  Sir David is not eligible to participate in the Bank's incentive award and long-term incentive schemes, nor will he participate in the Bank's pension schemes or receive any pension contributions.

 

Notice Period

 

The appointment letter provides for a notice period of 12 months from Barclays or a notice period of 6 months from Sir David.

 

Document Inspection

 

Sir David's appointment letter will be held by the Barclays Corporate Secretariat and will be available for inspection during normal business hours from 1 September 2012 at the Group's Head Office: 1 Churchill Place, London, E14 5HP.

 

 

Listing Rule 9.6.13R

 

There is no other information required to be disclosed pursuant to paragraph LR9.6.13R of the Listing Rules of the Financial Services Authority.


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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