Lloyds Banking Group PLC Update on Group Chief Executive Appointment (1079Q)
February 24 2021 - 1:00AM
UK Regulatory
TIDMLLOY
RNS Number : 1079Q
Lloyds Banking Group PLC
24 February 2021
24 February 2021
LLOYDS BANKING GROUP: UPDATE ON EXECUTIVE APPOINTMENT
Further to the announcement on 30 November 2020, Lloyds Banking
Group plc is pleased to confirm that, subject to regulatory
approval, Charlie Nunn's appointment as Group Chief Executive and
Executive Director will start on 16 August 2021.
As previously announced, William Chalmers, Group Chief Financial
Officer, will, subject to regulatory approval, take on the role of
acting Group Chief Executive when António Horta-Osório steps down
on 30 April 2021 and until Mr. Nunn's arrival on 16 August 2021.
Mr. Chalmers will continue to maintain ongoing responsibility as
Group CFO, but arrangements will be made for other colleagues to
support him in this role and to manage his wider responsibilities
appropriately. He will also be supported by Robin Budenberg and
Alan Dickinson in their roles as Chair and Deputy Chair.
- ENDS -
For further information
Investor Relations
Douglas Radcliffe +44 (0) 20 7356 1571
Group Investor Relations Director
douglas.radcliffe@lloydsbanking.com
Corporate Affairs
Matt Smith +44 (0) 20 7356 3522
Head of Media Relations
matt.smith@lloydsbanking.com
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