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Barclays COO del Missier quits bank after Diamond exit
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  • Barclays COO del Missier quits bank after Diamond exit

Barclays COO del Missier quits bank after Diamond exit

FP Archives • December 20, 2014, 09:56:11 IST
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Jerry del Missier has for years been a key lieutenant of Diamond, helping him build up the Barclays Capital investment bank, and was appointed COO last month.

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Barclays COO del Missier quits bank after Diamond exit

London: Barclays’ newly appointed chief operating officer, Jerry del Missier, followed his chief executive Bob Diamond and resigned from the bank on Tuesday after an interest rate-rigging scandal.

Barclays said he will leave with immediate effect.[caption id=“attachment_365976” align=“alignleft” width=“380”] ![](https://images.firstpost.com/wp-content/uploads/2012/07/del_Reu380.jpg "del_Reu380") Jerry del Missier. Reuters[/caption]

Del Missier has for years been a key lieutenant of Diamond, helping him build up the Barclays Capital investment bank, and was appointed COO last month.

Diamond resigned earlier on Tuesday in a sudden move after a record fine for the bank over its manipulation of Libor submissions.

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“I have every confidence that the Board and Executive Management of Barclays will be successful in executing their plans, and I wish them the best of luck in doing so,” del Missier said in a statement.

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