Lloyds Banking Group PLC’s new chief executive Charlie Nunn starts work

()’s new chief govt Charlie Nunn has started out work today, the lender claimed in a statement.

William Chalmers, who has been interim team chief govt for the earlier a few and a 50 % months, reverts to his previous position as chief financial officer.

Nunn is becoming a member of from HSBC the place he labored at several divisions just before becoming head of prosperity and personal banking.

Prior to becoming a member of HSBC in 2011, he put in two decades at consultancies  () and McKinsey & Co.

When he was appointed, Lloyds claimed Nunn provides entire world-course operational, technological innovation and strategic know-how to the business.

His predecessor at Lloyds, António Horta-Osório, stepped down at the end of May after ten yrs at the helm to become chairman of ().