ANALYST VIEWS: HOW WILL BOB DIAMOND FIT IN AS CHIEF EXECUTIVE?

NEIL SHAH | EDISON INVESTMENT RESEARCH
"It’s a great example of succession planning as far as I’m concerned. He’ll be in a different position as chief executive, though, and he will probably be more measured in his approach. Where he was before and where he’s going to now are different and he’ll probably be operating in a different way."

DAVID BUIK | BGC PARTNERS
"Though Bob Diamond comes from an investment banking background, above all else he is a brilliant delegator, and let’s face it, the art of good management is delegation. He is also a bold man. If the heads of retail banking are not doing their job to the standard required, trust me, they will be replaced."

ANGELA KNIGHT | BRITISH BANKERS ASSOCIATION
"With Bob Diamond taking over the helm from John Varley there will be welcome continuity from a formidable team which steered one of the UK’s leading financial institutions safely and successfully through the recent global financial problems. It is also testament to Barclays’ faith in universal banking."