LLOYDS BANKING GROUP ANNOUNCES CHANGES TO COMMERCIAL BANKING MANAGEMENT TEAM

Lloyds Banking Group has announced some changes within the senior management team of its Commercial Banking division.

Ed Thurman, Managing Director of the division’s Financial Institutions (FI) business – which serves the needs of clients across the Financial Services sector – has been appointed Managing Director of Global Transaction Banking (GTB), supporting firms of all sizes with their day-to-day banking transactions.

Robina Barker Bennett – currently Audit Director for Commercial Banking – will replace Ed at the helm of FI. Between 2013 and 2016, Robina led the FI division in North America; and prior to that she headed up the team within FI that supports financial sponsors such as private equity firms and fund managers.

These moves follow the appointment of Adrian Walker, the current Managing Director of GTB, as Investment Management Director in the Group Transformation division for the bank.

Ed, Robina and Adrian will start in their new roles on 1 November.

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David Oldfield, Group Director of Commercial Banking, said: “Ed, Robina and Adrian have all made an important contribution to Lloyds’ Commercial Banking business in recent years.

“Ed’s stewardship of the FI business has helped it achieve significant growth in a very competitive sector, and he will be a real asset to GTB, building on Adrian’s successful transformation of the business.

“Robina’s depth of experience in the financial services sector – through her previous roles within Financial Institutions – makes her the ideal leader of the business as we look to its future.”