Sponsored by: Investment Center

Something new in your business?  Click here to submit your business press release

Chamber Corner | Main Street News | Job Hunt | Classifieds | Calendar | Illinois Lottery 

Lloyds names Norman Blackwell as new chairman

Send a link to a friend 

[December 03, 2013]  LONDON (AP) — Lloyds Banking Group PLC has named Norman Blackwell to the role of chairman, succeeding Winfried Bischoff when he retires next year.

The bank said in a statement Monday that Blackwell, who has been a non-executive director, will succeed Bischoff as chairman beginning in April.

He is currently chairman of Lloyd's Scottish Widows Group and has experience in insurance, banking and public policy.

Blackwell was also partner in the management consultancy McKinsey & Company.

The part-nationalized lender has said its recovery was ahead of schedule and is profitable — a fact that has enabled the government to begin the process of selling its stake back to private investors.

[Associated Press]

Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

< Recent articles

Back to top