Sir David Walker to become Barclays chairman in November

Barclays has confirmed Sir David Walker will succeed Marcus Agius as chairman of the bank on 1 November, following press reports yesterday.

Walker becomes a non-executive director on 1 September, while Agius will step down from his post on 31 October. Walker is currently a senior adviser to Morgan Stanley International, and was previously chairman. He has held a number of high profile positions over the past 30 years including assistant secretary at the Treasury and executive director at the Bank of England. He has also been 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. Si...