Barclays's Japan Chief Nakai to Resign Later in Year, Memos Say

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Barclays Plc’s Japan Chief Executive Officer Eiji Nakai will resign later this year, according to internal memos obtained by Bloomberg.

Nakai, 52, who is also the firm’s Asia Pacific co-CEO, will leave the bank on June 30, according to one of the memos, while another showed that a replacement will be announced in “due course.” The contents of the memos were confirmed by Kyota Narimatsu, a Tokyo-based spokesman for Barclays.