Barclays PLC and Barclays Bank PLC announced that Chris Lucas will step down from the Board and as Group Finance Director on 16 August. This is earlier than the previously announced date for Mr. Lucas to step down of 28 February 2014, and is brought forward due to health reasons. On 16 July 2013, Barclays announced that Tushar Morzaria would succeed Mr. Lucas as Group Finance Director.

Tushar will now take up his appointment as Group Finance Director on 15 October 2013 and join the Board on this date. Peter Estlin, Group Financial Controller, will be Acting Chief Financial Officer until 15 October 2013. Peter is deep familiar with all aspects of the Group's finances, including the capital raising.

He will not join the Board though will attend Executive Committee meetings.