Lloyds chief confirms he will step aside

Victor Blank today said he will retire as chairman of part-nationalised Lloyds Banking Group before the firm’s annual meeting next year.

Lloyds chief confirms he will step aside
Sun, 17 May, 2009 - 15:04

Victor Blank today said he will retire as chairman of part-nationalised Lloyds Banking Group before the firm’s annual meeting next year.

Blank – who said it was “the right time for the group to appoint a new chairman” – has faced criticism over Lloyds’ rescue takeover of HBOS last year.

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