Customs chief to join Barclays
Sir Richard Broadbent will enjoy his last day as chairman of Customs & Excise today before joining the board of Barclays as a non-executive director.
The Customs chief is stepping down from his post, which saw him report directly to chancellor Gordon Brown, to return to the private banking sector.
Prior to heading up the government’s £140bn indirect tax collection body in February 2000, he led Schroder’s global corporate finance and capital markets business.
Mike Eland, director general of business services at Customs, and a barrister, will take over as acting chairman until a permanent successor is announced.