New banking venture for former Kingfisher boss Sir Ian Cheshire
Published: 27 February 2017 - Jenny Wonnacott
Former Kingfisher ceo Sir Ian Cheshire has been appointed the chairman-designate for Barclay's UK operations.
Sir Ian Cheshire is joining Barclays as chairman of the banking chair's new ring-fenced UK operations
Sir Ian, who will also become a non-executive director on the Barclays board from April, will oversee business incorporating Barclay's high street branch network as well as its business banking and Barclaycard operations in the home market.
Barclays chairman John McFarlane, who oversees the wider Barclays group, said, “[Sir Ian] brings an excellent track record of success as both a chief executive and chairman and broad experience as a non-executive director."