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Barclays to appoint headhunters in search for next CEO — report

A changing of the guard in leadership is underway across Europe's banking industry

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Barclays is preparing to begin the search for its next chief executive, raising the prospect of yet more change at the top of one of Europe's largest banking groups this year.

The bank's incumbent CEO Jes Staley has told colleagues he expects to have left his role by the end of 2021, according to a report in the Financial Times. The Barclays board is close to appointing headhunters to search for Staley's successor. The FT named recruitment firms Spencer Stuart and Egon Zehnder as being in the running.

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