Directorate ChangeSource: RNS
3 December 2020
LLOYDS BANKING GROUP: DIRECTORATE CHANGE - CHAIR OF BOARD RISK COMMITTEE
Lloyds Banking Group is pleased to announce that Catherine Woods, an independent member of the Board, will take over the role of Chair of the Board Risk Committee with effect from January 1st 2021. This follows our announcement in April this year that Nicholas Prettejohn would take on the role for a limited period alongside his continuing position as Chairman of the Group's Insurance subsidiary, Scottish Widows Group Limited, pending reallocation of Board roles later in 2020.
Catherine Woods, who joined the Board in March 2020, is an experienced Non Executive with extensive experience of the banking industry having served as Deputy Chairman and Senior Independent Director of Allied Irish Banks until October 2019 and started her career in financial services at JP Morgan.
Lord Blackwell, Chairman, commented 'I am delighted that Catherine is bringing her extensive skills and experience to chair the Board Risk Committee, and am very grateful to Nick Prettejohn for taking on this additional role in 2020 to support our Board Succession plans.'
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