Dambisa Moyo has been appointed to the Boards of Barclays PLC and Barclays Bank PLC as a non-executive director. She will take up the position on 1 May.

Moyo has worked for both Goldman Sachs and the World Bank. She worked for the World Bank in the Europe & Central Asia and Africa Departments from 1993 to 1995. After completing a PhD in Economics, she subsequently worked for Goldman Sachs for eight years until November 2008 in the debt capital markets, hedge funds coverage and global macroeconomics teams.

She is currently serving as a non-executive director on the boards of SABMiller plc and Lundin Petroleum.

Marcus Agius, Barclays chairman, was (unsurprisingly) said to be “delighted”” by the appointment. He added: “”Her background in financial services and as a global economist will bring valuable insight to the Barclays Board.”””