Finance director of Barclays Chris Lucas has announced that he will step down from his role in the bank.
His retirement comes following the bank being hit with interest rate swaps and insurance mis-selling scandals and fines of £290m by US and UK regulators.
Lucas has been on Barclays’ executive board since 2007, after joining from PwC where he was the bank's auditor.
He is among four staff being investigated by the Financial Services Authority (FSA) over the bank’s payments between them and Quatar holding, part of Quatar's state investment authority.
He is the only Barclay’s executive to stay on since last years’ Libor rate-fixing scandal.
About Rachael Power
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