The chief executive of Lloyds Banking Group is stepping down next year after a decade in the job.
Antonio Horta-Osorio will retire from Lloyds in June 2021, giving him enough time to help steer the bank through some of the international effects of theThe bank has also appointed a new chairman, Robin Budenberg, who will take over from Lord Blackwell next year, so Mr Horta-Osorio is timing his departure to"support a smooth transition", the bank said.
"Until then he will continue to be completely focused with the executive team on delivering the remainder of the current strategic plan, as well as the plans put in place to address theMr Horta-Osorio said he had"mixed emotions" about his departure from the role."I am lucky to have had the support of a superb board and executive team on whom I will continue to rely as we complete our current strategic plan, transforming the group into the bank of the future.
"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.
Should be in jail for the fraud cover up at Bristol.
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