Finance boss set to leave Lloyds

The finance boss who helped steer Lloyds Banking Group through the aftermath of its HBOS acquisition in 2008 announced plans to quit the firm today.

Tim Tookey, who joined Lloyds from Prudential in 2006 and became finance director two years later, will leave the bank in February to become chief financial officer at Friends Life, the life assurer owned by Resolution.