IN BRIEF: Lloyds Banking director Nick Prettejohn leaves to chair TSB

Lloyds Banking Group PLC - Edinburgh-based lender - Stuart Sinclair and Nick Prettejohn plan to ...

Alliance News 23 September, 2021 | 3:17PM
Email Form Facebook Twitter LinkedIn RSS

Lloyds Banking Group PLC - Edinburgh-based lender - Stuart Sinclair and Nick Prettejohn plan to step down as non-executive directors. Sinclair will retire at the 2022 annual general meeting. Prettejohn will step down as Lloyds non-executive director and as chair of Scottish Widows Group on Thursday next week, having served on the board for seven years. He is moving to become chair of TSB Bank PLC. Edinburgh-based TSB is owned by Spanish banking group Banco de Sabadell SA, which bought the business from Lloyds in 2015. Sophie O'Connor, a non-executive director of Scottish Widows will become interim chair of the subsidiary.

Current stock price: 44.82 pence, up 1.9% on Thursday

Year-to-date change: up 23%

By Tom Waite; thomaslwaite@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

Email Form Facebook Twitter LinkedIn RSS

Securities Mentioned in Article

Security Name Price Change (%) Morningstar
Rating
Lloyds Banking Group PLC 49.00 GBX 0.46

About Author

Alliance News

Alliance News provides Morningstar with continuously updating coverage of news affecting listed companies.