‘Forget about golf and fine wine, there’s work to do for us non-execs’ - News Summed Up

‘Forget about golf and fine wine, there’s work to do for us non-execs’


It is hard to think of any FTSE 100 boardroom where the drama can have been as intense, and the decision-making as fraught, as at Barclays. One of the former non-executive directors, Dambisa Moyo, has now broken cover to write a book partly based on her experiences there. Moyo was on the board that promoted Bob Diamond to chief executive, paid him his explosive bonus, saw him forced out by the governor of the Bank of England over the Libor scandal, both hired and then fired Antony Jenkins, recruited the present incumbent Jes Staley and then had to grapple with his whistleblower rule-breaking. And of course was in the thick of it over umpteen regulatory fines and reprimands, not to mention an abortive prosecution


Source: The Times May 10, 2021 16:01 UTC



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