 On 1 September 2006, Agius joined the Barclays board as a non-executive director and succeeded Matthew Barrett as chairman from 1 January 2007.His most recently reported salary was £750,000.On 2 July 2012 it was announced that Agius would resign following the Barclays fine for manipulation of the London Interbank Offered Rate (Libor) by some Barclays employees in the Libor scandal.