- U.K. banks' lobby group hires first woman in role in a century
- Doyle will replace Nigel Wicks at BBA helm next month
The British Bankers’ Association, which represents lenders including Barclays Plc and Lloyds Banking Group Plc, named Noreen Doyle as the first female chairman in its almost century-long history.
Doyle, 66, vice chairman of Credit Suisse Group AG and former first vice president of the European Bank for Reconstruction and Development, will replace Nigel Wicks on Oct. 17, the London-based lobby group said in an e-mailed statement Thursday.
The BBA, created in 1919, represents more than 200 banks and lobbies policy makers and regulators on behalf of the industry. The group was dragged into the center of a global probe into benchmark manipulation as the overseer of Libor, a role it lost as part of British regulators’ efforts to restore the banking industry’s reputation in the wake of the scandal.
“This is a time of great challenge but also great opportunity for the British banking industry,” Doyle said in the statement. “I am honored to be appointed as the new BBA chair. Rebuilding the trust of customers, driving up standards in the industry and working with government and regulators to ensure our banks remain globally competitive are some of the issues I look forward to working on.”