Barclays Bank chairman stands down
Barclays non-executive director Gerry Grimstone has decided to step down from his role as chairman of Barclays Bank at the end of the month.
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Grimstone, also chairman of Standard Life Aberdeen, will be replaced at Barclays Bank by Nigel Higgins on 1 March.
Barclays' chairman John McFarlane said Grimstone had made an "important contribution" to the group, overseeing the establishment of its subsidiary board and governance arrangements, as well as being a senior colleague on its group board.
"I appreciate everything he has done for the company and his support of me, and I wish him well," said McFarlane.
Grimstone said: "I'm leaving Barclays in very good shape and I wish it very well for the future."
As of 1020 GMT, Barclays shares had dipped 1.39% to 158.54p.