19 September 2013

Barclays Africa Group Limited (formerly Absa Group Limited) announces that its Chairman, Wendy Lucas-Bull, will join the Barclays PLC and Barclays Bank boards as a non-executive director with immediate effect. The decision reflects the value of Wendy’s wide ranging business and board experience, and underscores the importance Barclays places on Africa.

An experienced company Director with strong banking expertise, Wendy has held Board level positions in South African banks since 1994. She previously served as an Executive Director of Rand Merchant Bank and became CEO of FirstRand Retail following the merger of Rand Merchant Bank and First National Bank.

Strong banking experience

In addition to her role at Barclays Africa Group Ltd, Wendy is currently a Non-Executive Director of Anglo American Platinum Limited and has held senior Board positions at the Development Bank of Southern Africa, the South African Financial Markets Advisory Board, Nedbank Group Limited and Dimension Data PLC.

Commenting on Wendy’s appointment, Sir David Walker, Barclays Group PLC Chairman, said, “I am pleased to announce Wendy’s appointment to the Barclays Board. She brings strong banking experience, valuable regional knowledge and her appointment will further enhance the close working relationship between Barclays Group and our African businesses.”

Trevor Munday

Trevor Munday will become Lead Independent Director of Barclays Africa Group. In this capacity, he will assist the Barclays Africa Group Board to deal with the management of any actual or perceived conflicts of interest. Trevor joined the Board of Absa in 2007 and will continue to be Chairman of the Group Risk and Capital Management Committee and the Concentration Risk Committee.

Trevor is also a member of the Group Audit and Compliance Committee, the Group Remuneration and Human Resources Committee and the Board Finance Committee. A former deputy Chief Executive Officer of Sasol, Trevor currently chairs the Board of Reunert Limited, is the Lead Independent Director of Life Healthcare Group Holdings Limited and a board member of Illovo Sugar Limited.

The Barclays Africa Group Board currently has 12 directors and fully complies with King III guidelines.