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.
Join our community of smart investors
Subscribe today and enjoy unlimited access:
- Comprehensive companies coverage
- Actionable commentary, ideas and portfolios
- Tools and data to help you manage and track investments.
- Help managing your portfolio