The Clinton Global Initiative (CGI) Annual Meeting – hosted by former US President Bill Clinton and Clinton Foundation Vice Chair Chelsea Clinton – takes place this week in New York; bringing together heads of state, business leaders, scholars and directors of non-governmental organisations to discuss global social issues and possible solutions. On Monday, 28 September, Barclays Executive Chairman John McFarlane participated in two CGI events.
The first discussion focused on ‘Making the Economy Work for People’ hosted by CNBC’s Becky Quick. John engaged in a panel conversation with Jim Brett, President, West Elm (an upscale retail store); John Chambers, Executive Chairman, Cisco; Karen Appleton, SVP Industry and Founder, Box.org; and Erica Kochi, Senior Advisor on Innovation to the Executive Director, UNICEF.
The discussion covered digitisation, access to financial services, and near-term corporate goals. John was uniquely placed to contribute to the discussion, with much of the conversation reflecting Barclays’ strategic focus on customers and clients in achieving its own corporate goals: focusing on core; accelerating earnings growth, return on equity, and capital generation; and a high-performance ethic.