The Daily Telegraph reports that Sir David, a former chairman of Morgan Stanley and author of the Walker review into banking, joined the bank while it was still reeling from its £290m fine for its role in rigging the interbank borrowing rate, Libor.
His predecessor, Marcus Agius, had offered to step down after the rate-rigging scandal but was told to stay on for several months to lead the search for a new chief executive after Bob Diamond resigned under pressure from the Bank of England.
Sir David is not expected to step down as Barclays chairman until the Summer next year when he will have served for three years. However the ready appointment of headhunters illustrates the difficulty in finding a replacement.
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