"Following the announcement of 2 November 2011 stating that the Group CEO, Antio Horta-Osio, had taken a short leave of absence on medical advice, the Lloyds Banking Group Board is pleased to note that Antio is continuing to make good progress in his recovery.

As part of its contingency plans the Board has agreed that David Roberts, a non-Executive Director since 2010 and Chairman of its Risk Committee, will assume the position of Interim Group Chief Executive in the event that Antio's return were delayed beyond this time.

Sir Win Bischoff, Chairman of Lloyds Banking Group, said: "The Board is pleased that Antio is making good progress and we are looking forward to his return at the end of the year. However, we recognise it is important that we formalise the contingency arrangements if Antio's return is delayed.

"David Roberts has impressed his colleagues on the Board and the Group's senior management with his understanding and broad experience of the banking and financial services sector. He has a strong track record in retail and commercial banking experience at the highest level."

germany to give up the euro that is on the cards the eu is finished down to
useless leaders. the sooner the better.

"David Roberts has impressed his colleagues on the Board and the Group's senior management with his understanding and broad experience of the banking and financial services sector." No shit!

thousands are going to be made reduntant over the next 4 weeks due to
lack of decisions on the econmy of the eu.

There are more questions than answers.

Here come the girls!! Nice one mitzy LOL

lolChris.

have been buying today my avge before you inthe future say something else is 23.98p

down another 7% and still falling this company is on the slide to new depths.

New 12 month low 23.33 (so far) today.

incredible.

the reason i have bought is i had to renew my houses in surances and have stopped with these good insurance .so why move

StockMarketWire.com
Lloyds Banking Group is in advanced talks with George Culmer over his potential appointment as the group finance director.

Culmer is currently chief financial officer of RSA Group.

The bank's current group FD and interim group CEO Tim Tookey is leaving the group at the end of February.

Chairman Sir Win Bischoff said: "We are pleased to be in advanced discussions to secure the services of such an outstanding chief financial officer whose considerable track record has been widely acknowledged.

"We look forward to him joining us."

have added more avge noe 23.79p

mitzy - 19 Jan 2009 13:05 - 6 of 3483

24p is my target..

Did you buy any @24

No I didnt my target is sub 10p aldwickk.

What's your next target 5p

50/50 chance I think.

I have a limit order in for just under 20p - but may revise it (down) again.

I would skinny.