Directorate Change

RNS Number : 3709F

Lloyds Banking Group PLC

24 April 2014

 



24 April 2014

LLOYDS BANKING GROUP: BOARD APPOINTMENT

Lloyds Banking Group plc (the "Group") is pleased to announce the appointment with effect from 23 June 2014 of Nick Prettejohn as an independent Non-executive Director of the Group and as Chairman of Scottish Widows Group Limited and each of its principal operating subsidiaries ("Scottish Widows"). Mr Prettejohn will serve as a member of the Group's Audit and Risk Committees.

Commenting on Mr Prettejohn's appointment, Lord Blackwell, Chairman, said: "We are delighted to welcome Nick to the Group. Nick has significant financial services experience, particularly in insurance where he has served as Chief Executive of Lloyd's of London and Prudential UK and Europe as well as Chairman of Brit Insurance.  He will be a valuable addition to the Group Board and is ideally suited to carrying on the role of Chairman of Scottish Widows.  His appointment will allow me to step down as Chairman of Scottish Widows on 23 June 2014 to concentrate on my role as Chairman of the Group."

BIOGRAPHICAL DETAILS

Nick Prettejohn was until recently a Non-executive Director of the Prudential Regulation Authority. Prior to this role, he was Chairman of Brit Insuranceand from 2010 to 2013 a Non-Executive Director of Legal and General Plc.  He is a former Chief Executive of Lloyd's of London and a member of the Lloyd's Council.  From 2006 to 2009 he was Chief Executive of Prudential UK and Europe and a member of the Prudential plc board.  He is a member of the BBC Trust.

There is no other information to be disclosed under Listing Rule 9.6.13.

For further information:

Investor Relations

Charles King [phone]

Investor Relations Director

Email: [e-mail]

Corporate Affairs

Matt Smith [phone]

Head of Corporate Media

Email: [e-mail]

 

END

 

 

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