Lloyds CEO to step down from Bank’s court of directors

antonio-horta-osorio

António Horta-Osório, the new chief executive of Lloyds Banking Group, is to step down as a non executive director, the Bank of England said Friday.

Horta-Osório, who is now chief executive of Santander UK - the British operation of the Spanish bank, becomes chief executive of Lloyds Banking Group on 1 March next year. He will leave the court of directors on 28 February. "Following his appointment as chief executive of Lloyds Banking Group, it has been mutually agreed by Mr Horta-Osório and the

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