Last month saw both Barclays and The Royal Bank of Scotland (RBS) put succession planning into place as global general counsel (GC) of corporate and investment banking at Barclays, Judith Shepherd, announced she would step down in the first half of 2015, while RBS’s group GC Chris Campbell was replaced as he prepares to retire.
Shepherd had risen steadily through the ranks, having joined as deputy group GC in 2006 from US firm Gibson, Dunn & Crutcher, where she was a partner specialising in M&A, particularly public takeovers and cross-border securities issues.
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