BusinessCompany NewsLucas to be FD if Barclays and ABN merge

Lucas to be FD if Barclays and ABN merge

Barclays' debutante FD pencilled in as financial boss of what will be the UK's second largest bank by stock value if deal completed

Chris Lucas, will seize overall financial control of the proposed
Barclays-ABN
AMRO
partnership if the British bank’s estimated £46bn approach is accepted,
reports have suggested.

This week, Barclays announced details of the groundbreaking proposal which
would catapult the FTSE 100
giant past rival bank RBS in
terms of stock market value yesterday.

Lucas, who is only a few weeks into the job as Barclays new FD ,will assume
responsibility for the combined bank as Barclays’ top brass areexpected to
dominate the key board positions.  

There is also a place on the planned group executive committee for Paul
Idzik, the chief operating officer of Barclays, who retains the same title.
Arthur Martinez, the ABN chairman, will, at an unspecified date, step down to
make way for Marcus Agius, the Barclays chairman, who initially will take the
role of deputy chairman.

Further reading:

ABN AMRO takeover talks bring E&Y out
in a sweat
 

Overview: now you see him… 

Barclays CFO paid more than chief exec

Related Articles

BDO replaces Deloitte as Mitie auditor

Audit BDO replaces Deloitte as Mitie auditor

3m Emma Smith, Managing Editor
CVR Global appoints partner in London office

Company News CVR Global appoints partner in London office

7m Alia Shoaib, Reporter
FTSE100 failing to provide adequate ethics information

Company News FTSE100 failing to provide adequate ethics information

7m Alia Shoaib, Reporter
Moore Stephens recruits new private client partner

Accounting Firms Moore Stephens recruits new private client partner

10m Emma Smith, Managing Editor
Magma Group announces merger, partner promotions

Accounting Firms Magma Group announces merger, partner promotions

10m Emma Smith, Managing Editor
BDO on ‘recruitment spree’ with multiple partner appointments

Accounting Firms BDO on ‘recruitment spree’ with multiple partner appointments

10m Emma Smith, Managing Editor
Brand strength leads to fee income growth for RSM

Accounting Firms Brand strength leads to fee income growth for RSM

10m Emma Smith, Managing Editor
Mazars strengthens audit team with partner appointment

Accounting Firms Mazars strengthens audit team with partner appointment

10m Emma Smith, Managing Editor