Lloyds Names Interim CEO

The second-biggest publicly owned lender in U.K., Lloyds Banking Group, has selected non-executive board member David Roberts as a second interim CEO.

The second-biggest publicly owned lender in U.K., Lloyds Banking Group, has selected non-executive board member David Roberts as a second interim CEO, Bloomberg reports. He will replace Antonio Horta-Osorio, who is on medical leave this month, if his return to work is delayed beyond December 31.

Finance director Tim Tookey, who was the first interim CEO to replace Horta-Osorio, is leaving the bank in February to join insurer Friends Life. Roberts was previously associated with Barclays.

Click here for the story from Bloomberg.

Click here for additional coverage from What Investment.

David Roberts Lloyds Banking Group Antonio Horta-Osorio Tim Tookey U.K.