Lloyds Chairman Bischoff Retires as Bank Returns to Profit
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Lloyds Banking Group Plc Chairman Win Bischoff will retire after more than three years in the job, saying the British bank’s rebound from its 2008 government rescue has progressed enough for him to move on.
Bischoff, 72, will leave before May 2014, depending on when his successor is announced, Britain’s biggest mortgage lender said in a statement today.