Reuters

(Reuters)

Barclays to Tap Walker as Chairman

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Barclays said on Thursday David Walker, a former British Treasury official, would succeed Marcus Agius as chairman from Nov. 1.

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In a statement the UK bank said Walker would become a non-executive director on Sept. 1, taking on the chairman's role two months later.

Walker is currently a senior adviser to US bank Morgan Stanley and is also a former executive director of the Bank of England and former deputy chairman of Lloyds.

Agius resigned last month following the interest rate rigging scandal that has hit the British bank.