You are here

Lloyds Bank CEO Antonio Horta-Osorio to step down in 2021

file6uechlewml3109b4n1z1.jpg
Lloyds Banking Group chief executive officer Antonio Horta-Osorio will step down next year after spending a decade at the helm.

[BENGALURU] Lloyds Banking Group chief executive officer Antonio Horta-Osorio will step down next year after spending a decade at the helm, the state-backed lender said on Monday as it appointed industry veteran Robin Budenberg as its new chairman.

Mr Horta-Osorio, who has been in charge of Lloyds for almost a decade, said he would step down by June of next year and was leaving with "mixed emotions".

REUTERS

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes