Barclays says ex-PIMCO boss El-Erian to step down from board

Former PIMCO CEO Mohamed A. El-Erian will step down from the board of Barclays (BARC.L), opens new tab, the British bank said on Friday, following his appointment as chair of sportswear brand Under Armour Inc (UAA.N), opens new tab .

A frequent media commentator on markets, finance and interest rates, El-Erian gained fame in the investing community for a successful stint at investment management firm PIMCO in the early 2000s managing emerging market bond investments.