LONDON (Reuters) - The Barclays
The departure of City veteran Alison Carnwath, who headed the bank's remuneration committee, is a further blow to Barclays, which has already lost Diamond and Chief Operating Officer Jerry Del Missier in the fallout from the Libor interest-rate rigging scandal.
Carnwath was criticised by investors earlier this year for her role on the remuneration committees at Barclays and hedge fund Man Group
A fifth of Barclays' investors voted against her re-election after she backed Diamond's pay and almost one-third of Man Group shareholders failed to back her.
"With regret I have concluded that I am no longer able to devote sufficient time to my role as a director of Barclays given my other commitments," Carnwath, a 20-year veteran of investment banking, said in a statement on Wednesday.
The 59-year-old is one of the highest-profile women in London's financial community. She is chairman of Land Securities
A Land Securities spokesman said: "We're very happy that she continues to be our chairman."
(Reporting by Matt Scuffham;Editing by Erica Billingham)