LONDON â€"Barclays announced on Tuesday that it has added two new members to its executive committee as the British bank continues to reshape itself in the wake of the rate-rigging scandal.
Valerie Soranno Keating, head of the firm's Barclaycard division, and Ashok Vaswani, who will lead Barclays' global retail and business banking operations, will join the bank's executive committee immediately, according to a statement from Barclays.
The announcement comes just over a month since Antony Jenkins was appointed as chief executive of the British bank. David Walker will take over as Barclays' chairman in November.
Barclays agreed to a $450 million settlement with authorities in June after some of its traders were founded to have attempted to manipulate the London interbank offered rate, or Libor, for financial gain.
In the aftermath of the scandal, the firm's then chief executive, Robert E. Diamond Jr., and chairman, Marcus Agius, resigned.
