Lloyds CEO steps down as Robin Budenberg appointed chair
António Horta-Osório to step down in 2021 after ten years with the bank
Chief executive of Lloyds António Horta-Osório has informed the bank’s board that he will be stepping down in 2021 after ten years with the bank, while Robin Budenberg has been confirmed as the replacement for Lord Blackwell who retires as chair next year.
Horta-Osório delivered three strategic plans in his time as chief executive of the bank, which has seen great change since the Global Financial Crisis, after which it has recovered from the brink of collapse....
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