Antony Jenkins has been officially appointed chief executive of Barclays, replacing Bob Diamond who stood down nearly two months ago.
Mr Jenkins is currently the head of Barclays' Retail and Business Banking and has been on the bank's executive committee since 2009.
In a statement, Mr Jenkins, 51, said he was "very proud to have been asked to lead Barclays".
Speaking in relation to the inter-bank rate fixing scandal which resulted in the resignation of the bank's chairman, chief executive and chief operating officer in June, he said: "We have made serious mistakes in recent years and clearly failed to keep pace with our stakeholders' expectations.
"We have an obligation to all of those stakeholders, customers, clients, shareholders, colleagues and broader society, and a unique opportunity to restore Barclays' reputation by making it the "go to" bank in all of our chosen markets.
"That journey will take time, we have much to do, and I look forward to getting started immediately," he added.
Disclaimer: Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time.
Moneyfacts.co.uk will, like most other websites, place cookies onto your computer’s
hard drive. This includes tracking cookies.