Barclays PLC (LON:BARC) today announced a set of board and committee changes as part of the Board’s longer term succession planning.

Julia Wilson will be appointed Chair of Barclays’ Audit Committee.

Sir John Kingman will be appointed as a Non-Executive Director of Barclays and as Chair of Barclays Bank UK PLC (Barclays UK).

Marc Moses gets appointed as a Non-Executive Director of Barclays and Barclays Bank PLC, whereas Mike Ashley and Crawford Gillies will retire as Non-Executive Directors at the end of their tenure on the Barclays Board.

Mike Ashley and Crawford Gillies will each have completed nine years as Non-Executive Directors of Barclays by the time of the Barclays Annual General Meeting in May 2023. Mike Ashley will be retiring from Barclays at the conclusion of the AGM, and Crawford Gillies will be retiring shortly thereafter on 31 May 2023.

Julia Wilson will succeed Mike Ashley as Chair of the Audit Committees of Barclays and Barclays Bank PLC with effect from 1 April 2023, subject to regulatory approval. Julia Wilson joined the Audit Committee of Barclays on her appointment to the Board in April 2021. Her time as a member of the Committee, together with her experience as former Group Finance Director at 3i Group plc and Chair of the Audit Committee of Legal & General Group plc (L&G) ideally place her to take up this important role.

Julia Wilson will also join the Board of Barclays Bank PLC with effect from 1 April 2023.

Sir John Kingman has agreed to join the board of Barclays as a Non-Executive Director with effect from 1 June 2023. He will succeed Crawford Gillies as Chair of Barclays UK, the Group’s ring-fenced bank, upon taking up his appointment, subject to regulatory approval. Sir John has a deep background in financial services, gained from his executive and non-executive career, and will bring the skills and experience required to make a material contribution to the Barclays Board, and to the Board of Barclays UK.

His experience spans the public and private sector with his former roles including senior positions at HM Treasury, as the first Chief Executive of UK Financial Investments Ltd (UKFI), and as Global Co-Head of the Financial Institutions Group at Rothschild. Sir John is currently Chair of L&G. He stepped down as Chair of Tesco Bank on 22 January 2023.

In order to further reinforce the recent and relevant financial expertise on the Board, Marc Moses has agreed to join the Boards of Barclays and Barclays Bank PLC as a Non-Executive Director with effect from 23 January 2023. Marc Moses will join the Audit and Risk Committees of Barclays and Barclays Bank PLC as an additional member on taking up his appointment.

Mr Moses brings a strong technical finance background with a deep knowledge of banking and financial services. His financial services experience extends to over 43 years in the industry, initially as a trader and then in senior executive roles as an Audit Partner at PwC, and Chief Financial Officer of JPMorgan Europe.

He joined HSBC in 2005, and prior to retiring in 2019, was the Group Chief Risk officer and an Executive Director of HSBC Holdings plc.