Bob Diamond has resigned as chief executive of Barclays, the UK-listed bank announced today, in the wake of a LIBOR-rigging scandal that has rocked the financial industry.
“Barclays today announces the resignation of Bob Diamond as chief executive and a director of Barclays with immediate effect,” the bank said in a statement issued to the London Stock Exchange.
Shares in Barclays were up 1.43 per cent today at 171.3 pence.
Marcus Agius, who has also announced his intention to resign as chairman, will lead the search for a new CEO, the statement said.
The search for a new CEO will examine both internal and external candidates.