Resignation of Director

RNS Number : 7419R

Lloyds Banking Group PLC

22 November 2012

 



                                                                                              22 November 2012

LLOYDS BANKING GROUP ANNOUNCES BOARD CHANGE

The Board of Lloyds Banking Group plc ("the Group") announces that Martin Scicluna, a non-Executive Director of the Group and Chairman of its Audit Committee, will step down from the Board and leave the Group in March 2013.  This follows the announcement of his appointment as Chairman of RSA Group on 1 January, 2013.

Sir Winfried Bischoff, Chairman, said: "Martin has made a significant contribution during his time with Lloyds. His wise and constructive counsel as a Director and particularly as Chairman of our Audit Committee will be missed by the management and Board alike. I would like to thank him for his commitment and sound judgement and on behalf of the Board wish him continued success in the future."

Martin Scicluna said: "Lloyds has a robust long-term strategy and a credible and experienced Board and management team able to deliver it. The last four years have been incredibly challenging for Lloyds and the banking industry but I believe the successful transformation of the Group is now well under way."

Ends

Investor Relations

Charles King                                                                        [phone]

Investor Relations Director
Email: [e-mail]

Corporate Affairs

Matthew Young                                                                    [phone]

Group Corporate Affairs Director
Email: [e-mail]

 

END

 

 

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