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John Varley to step down as Group Chief Executive; to be succeeded by Robert E Diamond Jr
Barclays PLC and Barclays Bank PLC (“Barclays”) announce that John Varley intends to step down as Group Chief Executive, and from the Barclays Boards and the Group Executive Committee, on 31 March 2011, and that he will be succeeded by Robert E Diamond Jr. From 1 October 2010, Bob Diamond will be President and Deputy Group Chief Executive.
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