Barclays Adds Board Members From Soros Fund, Pimco Veteran

  • Several directors had departed amid Bramson activism this year
  • As Higgins became chairman, board size was under review

Mohamed Aly El-Erian

Photographer: Giulio Napolitano/Bloomberg
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Barclays Plc appointed two high-profile finance veterans to its board, months after an activist investor attempted to gain a board seat of his own.

The British lender said Dawn Fitzpatrick joined the board on Wednesday, while Mohamed El-Erian will come aboard from Jan. 1. Fitzpatrick is currently chief investment officer at Soros Fund Management LLC and spent more than two decades at UBS Group AG. El-Erian led Allianz SE’s bond unit, Pimco, before becoming the firm’s chief economic adviser. He is also a columnist for Bloomberg.