Lloyds chief set to depart
THE CHIEF executive who steered Lloyds through its response to the financial crisis and the PPI scandal is to step down next year after the bank announced a major shake-up at the top.
Antonio Horta-Osorio will give up his job at the end of June 2021, after a decade in charge.
He said: “It is, of course, with mixed emotions that I announce my intention to step down as chief executive of Lloyds Banking Group by June next year.
“Everyone at Lloyds has unified around our purpose of ‘Helping Britain Prosper’, and our customers and communities are seeing our commitment to that now, more than ever.”
It will give Lloyds directors a year to find the next candidate for what is one of the most prestigious jobs in British banking.
The finance giant, which was formed in a merge of Loyds and HBOS in 2008, employs around 6,000 staff in Calderdale and has major corporate centres at Copley and Trinity Road in Halifax.