Barclays has appointed Antony Jenkins as chief executive. The One Young World Counsellor is to take the helm with immediate effect.
A strong supporter of One Young World, Jenkins’ inspirational speech at the 2011 Summit in Zurich was hugely popular with delegates.
On his appointment to lead one of the world’s biggest and most influential banks, Jenkins says:
“Barclays is a strong universal bank, with many assets . . . but we have made serious mistakes in recent years and clearly failed to keep pace with our stakeholders’ expectations.
“We have an obligation to all of those stakeholders – customers, clients, shareholders, colleagues and broader society – and a unique opportunity to restore Barclays’ reputation. That journey will take time, we have much to do, and I look forward to getting started immediately.”