Join our community of smart investors

Lloyds chief executive Horta-Osório set to depart

After a decade at the helm, António Horta-Osório will step down at the end of June next year
Lloyds chief executive Horta-Osório set to depart

Lloyds Banking Group (LLOY) has announced that chief executive António Horta-Osório will step down in June next year after a decade in the post. A replacement has yet to been named. As part of the boardroom shake-up, Robin Budenberg – currently chairman of private US banking company Centerview Partners – will succeed retiring chairman Lord Norman Blackwell in early 2021.

IC TIP: Hold at 31.4p

To continue reading...
OR
Register for free
Read 3 articles for free each month
* Excl. premium articles
Have an account? Sign in