Antony Jenkins (Chief Executive 2012-2015)
Antony Jenkins succeeded Bob Diamond on 30 August 2012, tasked with restoring the bank’s reputation following disclosure of the Libor cartel.
Educated at Oxford University, where he took a Master's degree in PPE, and at the Cranfield Institute, where he took an MBA, Jenkins started his career at Barclays as a graduate recruit. Having completed the management development programme in 1983, he was appointed to various roles in retail and corporate banking. He moved to Citigroup in 1989, working in both London and New York, being appointed as General Manager and Executive Vice President of Citi Brands, responsible for most of the Citi Cards with $90bn in receivables.
He rejoined Barclays in 2006, with particular responsibility for gloabl credit card product development. In 2009, he was appointed Chief Executive of Barclays' Global Retail and Business Banking, when he also joined the Group Executive Committee.
As Group Chief Executive, Jenkins took the lead in the development of Barclays’ Transform Programme, with the aim of making Barclays the ‘Go-To’ bank for customers and clients. There were two threads to this strategy. Firstly, to reassert Barclays’ historic sense of values and correct conduct in all its dealings, as part of a wider effort to restore trust in the banks that had been damaged during the crash of 2007-2009. Secondly, a business strategy designed for the post-crash era, namely to identify and separate non-core businesses, and, by concentrating on core operations, and with a concerted drive to reduce costs, thereby recover the shareholder value that was lost during the financial crisis and subsequent capital raisings.
On 8 July 2015, it was announced that Jenkins would be stepping down from Barclays. The role of CEO would temporarily filled by Chairman, John McFarlane, while Barclays sought a new CEO.
Jenkins also represented Barclays as a non-executive director on the Board of ABSA. He was also on the boards of Visa Europe Ltd, Motability Operations Group plc, and the Institute of International Finance. Additionally, he was a member of the international advisory panel of the Monetary Authority of Singapore, and a trustee director of Business in the Community.