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Directorate Change

3 Dec 2020 10:00

RNS Number : 4333H
Lloyds Banking Group PLC
03 December 2020
 

 

 

3 December 2020

 

 

LLOYDS BANKING GROUP: DIRECTORATE CHANGE - CHAIR OF BOARD RISK COMMITTEE

 

Lloyds Banking Group is pleased to announce that Catherine Woods, an independent member of the Board, will take over the role of Chair of the Board Risk Committee with effect from January 1st 2021. This follows our announcement in April this year that Nicholas Prettejohn would take on the role for a limited period alongside his continuing position as Chairman of the Group's Insurance subsidiary, Scottish Widows Group Limited, pending reallocation of Board roles later in 2020.

 

Catherine Woods, who joined the Board in March 2020, is an experienced Non Executive with extensive experience of the banking industry having served as Deputy Chairman and Senior Independent Director of Allied Irish Banks until October 2019 and started her career in financial services at JP Morgan.

 

Lord Blackwell, Chairman, commented 'I am delighted that Catherine is bringing her extensive skills and experience to chair the Board Risk Committee, and am very grateful to Nick Prettejohn for taking on this additional role in 2020 to support our Board Succession plans.'

 

- ENDS -

For further information

 

Investor Relations

Douglas Radcliffe +44 (0) 20 7356 1571

Group Investor Relations Director

douglas.radcliffe@lloydsbanking.com 

 

Corporate Affairs

Matt Smith +44 (0) 20 7356 3522

Head of Media Relations

matt.smith@lloydsbanking.com 

 

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