Rio Tinto board appointment
John Varley’s career includes 28 years at global financial services provider Barclays, where he spent six years as chief executive until the end of 2010. His boardroom experience includes current non-executive directorships at AstraZeneca plc and BlackRock Inc. He remains a senior advisor to Barclays and is a member of the International Advisory Panel of the Monetary Authority of Singapore.
Rio Tinto chairman Jan du Plessis said “John Varley is a high-calibre addition to the Boards. Quite apart from John's broad-ranging skills and experience in banking and financial markets, his all-round reputation and business judgement will enhance the Boards' existing strengths. I very much look forward to his joining.”
Notes to editors
Biographical notes
John Varley was Group chief executive of Barclays from 2004 to 2010. He joined Barclays in 1982 and held various positions across the Group, including Group finance director from 2000 to 2003, chief executive of Retail Financial Services from 1998 to 2000 and chairman of the Asset Management Division from 1995 to 1998.
Current non-executive directorships:
• BlackRock, Inc since December 2009
• AstraZeneca plc since 2006
John Varley also serves as:
• Senior advisor to Barclays since 2011
• Member of the International Advisory Panel of the Monetary Authority of Singapore since 2006
• President of the Employer’s Forum on Disability since 2005
• Chairman of Business Action on Homelessness since 2006
• Honorary president of the UK Drug Policy Commission since 2007
• Chairman of Marie Curie Cancer Care since 2011
The Company has received notification from Mr Varley of the following matters under paragraph 9.6.13 of the UK Listing Rules:
Mr Varley has been a director of the publicly quoted companies listed below during the last five years:
• AstraZeneca plc
• BlackRock Inc
• Barclays plc (until 31 December 2010)
• Barclays Bank plc (until 31 December 2010)
• Barclaycard Funding plc (until 1 April 1998)
About Rio Tinto
Rio Tinto is a leading international mining group headquartered in the UK, combining Rio Tinto plc, a London and NYSE listed company, and Rio Tinto Limited, which is listed on the Australian Securities Exchange.
Rio Tinto's business is finding, mining, and processing mineral resources. Major products are aluminium, copper, diamonds, energy (coal and uranium), gold, industrial minerals (borax, titanium dioxide, salt, talc) and iron ore. Activities span the world but are strongly represented in Australia and North America with significant businesses in South America, Asia, Europe and southern Africa.
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