Barclays Africa chairman quits boards of parent

Photo_web_Barclays_29022016

Pedestrians pass the offices of Barclays Plc in Johannesburg, South Africa, on Thursday, 12 December 2013.

Pedestrians pass the offices of Barclays Plc in Johannesburg, South Africa, on Thursday, 12 December 2013.

Photo_web_Barclays_29022016

Pedestrians pass the offices of Barclays Plc in Johannesburg, South Africa, on Thursday, 12 December 2013.

Pedestrians pass the offices of Barclays Plc in Johannesburg, South Africa, on Thursday, 12 December 2013.

CAPE TOWN - The chairman of Barclays Africa Group Limited Wendy Lucas-Bull said on Tuesday that she was stepping down from the Barclays Plc and Barclays Bank Plc boards with immediate effect.

Lucas-Bull’s decision, announced a few hours after Barclays Bank Plc said it would be selling its shareholding in Barclays Africa Group, was “to ensure that no conflicts of interest exist as a result of her being a member of these boards as well as the chairman of the Barclays Africa Group board”.