Sir Mike Rake joins Barclays board

Sir Mike Rake has taken up another high profile non-executive role to go
alongside his chairmanship of BT.

Sir Mike has joined
Barclays
as a non-executive director, from 1 January 2008, and will also serve on its
audit committee.

The former chair of KPMG International is a busy man. He will police the new
code of conduct for private equity firms introduced by Sir David Walker, is
chairman of the UK Commission for Employment and Skills and has served as chair
of Business in the Community for the last three years.

He is joined at Barclays by Patience Wheatcroft, formerly editor of the
Sunday Telegraph and business and city editor of The Times.

‘I am delighted that Sir Michael Rake and Patience Wheatcroft will be joining
the Barclays Boards,’ said Barclays chairman Marcus Agius.

‘Each of them brings a diverse wealth of experience and their appointments
strengthen further the independent, non-executive presence on our boards.’

Further reading:

Sir Mike Rake to police private
equity code