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09 Mar 2011
THE FORMER finance director of Lloyds Banking Group is to leave after seven years with the bank.
Helen Weir was one of just a few female FDs among FTSE 100 companies when she joined Lloyds in 2004 from Kingfisher. In 2008 she became group executive director of the retail bank.
She leaves alongside Archie Kane, group executive director in charge of insurance and Scotland.
António Horta-Osório,group chief executive, said: "I would like to thank Archie and Helen for the significant contribution they have made to the Group. I wish them both well for the future."
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Visitor comments Add your comment
Is this good or is this bad?
I am not confident about changes at Lloyds - the new chief executive has a reputation as a cost-cutter in previous posts - can he do this without also cutting the good level of service from Lloyds that many of us (business and retail) have enjoyed. does anybody know whether these board changes are connected?
Posted by: Geoff Simons, 09 Mar 2011 | 17:15
Not before time
As a main Board Director and former Finance Director of Lloyds TSB who would have been at the centre of the decision making process concerning the acquisition of HSBOS it is an absolute disgrace that she has continued as a Director for so long. The 'significant contribution' to which Mr Horta-Osório refers was the destruction and dilution of the poor old Lloyds shareholder value. Will she leave with a big pay off? What do you think?
Posted by: Brian Welch, 09 Mar 2011 | 21:14