Establishment of Responsible Business Committee

RNS Number : 3650T

Lloyds Banking Group PLC

17 July 2015

 

17 July 2015

LLOYDS BANKING GROUP ESTABLISHES RESPONSIBLE BUSINESS COMMITTEE

Lloyds Banking Group plc (the "Group") announces that it has established a Responsible Business Committee of the Board. 

Sara Weller CBE, has been appointed as the Chairman of the Responsible Business Committee and other members will be Lord Blackwell, the Group Chairman, and Anita Frew, Deputy Chairman.  The Committee's terms of reference are available at www.lloydsbankinggroup.com/our-group/corporate-governance.

The creation of a board-level Responsible Business Committee underlines the Group's commitment to being a responsible business. The new committee will oversee the measurement and communication of the Group's customer-centric culture and values.  The Committee will also oversee the development of the Helping Britain Prosper Plan.

Sara Weller, Chairman of the Responsible Business Committee said: "We established the Helping Britain Prosper Plan to highlight the importance of our increasing support for households, businesses and communities across the UK. The creation of the new board-level Responsible Business Committee is a further demonstration of our commitment to put customers and communities at the heart of everything we do. The Board remains focused on ensuring that the Group makes the right decisions for the right reasons.  As Chairman of this Committee, I am delighted to be playing a clear role in supporting and overseeing the development of the Group's responsible business strategy."

For further information:

Investor Relations

Douglas Radcliffe [phone]

Investor Relations Director

Email: [e-mail]

Corporate Affairs

Matt Smith [phone]

Head of Corporate Media

Email: [e-mail]

 

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