Lloyds Names Roberts Interim Chief; RSA’s Culmer to Be CFO
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Lloyds Banking Group Plc, whose chief executive officer took medical leave this month, named a second interim CEO as shares of the lender hit their lowest in more than two-and-a-half years.
David Roberts, a former director at Barclays Plc and non-executive board member at Lloyds, will become interim CEO if Antonio Horta-Osorio’s return to work is delayed beyond Dec. 31, the London-based lender said in a statement today. Separately, RSA Insurance Group Plc’s finance director, George Culmer, is leaving to take up the same job at Lloyds, the insurer said.