Barclays global general counsel (GC) of corporate and investment banking Judith Shepherd (pictured) is to step down in the first half of 2015.
Since joining the organisation in 2006, Shepherd has risen steadily through the ranks having started as deputy group GC, then GC for global retail and commercial banking and most recently GC for the investment bank since 2010 with responsibility for Barclays corporate from July 2011.
She is also a member of both the executive committee of corporate and investment banking, as well as an executive sponsor of the investment’s bank’s women’s initiatives network in EMEA.
In an internal statement seen by Legal Business, group GC Bob Hoyt said: ‘Judith has built a world class legal team in strong and effective partnership with the business and as executive sponsor for WiN in the investment bank, she has also made a significant contribution to Barclays’ diversity agenda.’
Hoyt added, ‘Judith will continue to work closely with us over the coming months as we appoint her successor and ensure a smooth transition. We are grateful for everything Judith has done for Barclays and wish her the very best for the future.’
Judith joined Barclays from US firm Gibson Dunn & Crutcher where she was a partner specialising in M&A, particularly public takeovers and cross-border securities issues.
According to the Financial Times, in September last year Shepherd was one of a number of senior executives, along with ex-general counsel Mark Harding and ex-chief executive Bob Diamond, interviewed under caution by the SFO as part of a probe into the bank’s dealings with Qatar.