Lloyds beefs up board

Lloyds Banking has appointed two new experienced non-executive directors in Pearson chairman Glen Moreno and former Barclays man David Roberts.The pair, who'll join on 1 March, have already been quizzed by members of the FSA's Significant Influence Function (SIF) panel but still require final FSA approval.'Glen brings to the role considerable experience both through his background in banking and asset management and in broader financial services and media,' said Win Bischoff, chairman of the part-nationalised lender.'David Roberts' deep understanding at the most senior levels of commercial and retail banking in the UK, in Europe and internationally, strengthens the board and is particularly valuable in that core business of our group.'Moreno has been chairman of media group Pearson since October 2005 and is still a director of fund manager Fidelity International.Roberts was an executive director, member of the group executive committee and chief executive, International Retail and Commercial Banking at Barclays until December 2006.