Lloyds CEO António Horta-Osorio to step down in 2021
His exit marks 'a serious loss for Lloyds'
06 July 2020 - 20:36
London — Lloyds Banking Group CEO António Horta-Osorio announced his surprise resignation after a decade at the British lender on Monday.
In a leadership overhaul, the bank also tapped former investment banker Robin Budenberg as its new chair, according to a statement on Monday. He replaces Norman Blackwell, who had previously said he would leave the bank before the 2021 annual meeting...
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