SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.20549
FORM 6-K
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16
of the Securities Exchange Act of 1934
01
December 2020
LLOYDS BANKING GROUP
plc
(Translation of registrant's name into
English)
5th Floor
25 Gresham Street
London
EC2V 7HN
United Kingdom
(Address
of principal executive offices)
Indicate
by check mark whether the registrant files or will file annual
reports
under
cover Form 20-F or Form 40-F.
Form
20-F..X.. Form 40-F
Indicate
by check mark whether the registrant by furnishing the
information
contained
in this Form is also thereby furnishing the information to
the
Commission
pursuant to Rule 12g3-2(b) under the Securities Exchange Act of
1934.
Yes
No ..X..
If
"Yes" is marked, indicate below the file number assigned to the
registrant in connection with Rule
12g3-2(b):
82- ________
Index
to Exhibits
Item
No.
1 Regulatory News Service Announcement, dated 01 December
2020
re: Directorate
Change
1 December 2020
DIRECTOR CHANGE - LLOYDS BANKING GROUP PLC
Following the announcement yesterday that the Group has completed
its succession planning with the appointment of Charlie Nunn to
join the Group as the new Group Chief Executive Officer in 2021,
António Horta-Osório has informed the Board that he has
agreed to be proposed for election as Chairman of the Board of
Credit Suisse Group AG with effect from 1st May 2021. Accordingly,
he has agreed with the Board that he will step down as Group CEO
and as a Director of the Group with effect from 30th April 2021. He
will continue to fulfil all his current responsibilities until that
date.
Lord Blackwell, Chairman, commented "On behalf of the Board I would
like to congratulate António on this new role as he moves on
after 10 years as Group Chief Executive Officer of Lloyds Banking
Group. During his tenure he has transformed the Group's fortunes
and established a solid operational and strategic base from which
it can continue to build a successful future. He will leave next
year with the Board's gratitude for all he has achieved, and for
his assistance and support in our planning for the leadership
succession."
As noted in yesterday's announcement, the Board has agreed that in
the event of an interim period between Mr Horta-Osório
stepping down and Mr Nunn joining the Group, William Chalmers,
Group Chief Financial Officer will subject to regulatory approval
take on the role of acting Group CEO in addition to his ongoing
responsibilities as Group CFO, with the support of Robin Budenberg
and Alan Dickinson in their roles as Chairman and Deputy Chairman.
Arrangements would be made to support him in this role and manage
his wider responsibilities appropriately.
- ENDS -
For further information
Investor Relations
Douglas
Radcliffe
+44 (0) 20 7356 1571
Group Investor Relations Director
Corporate Affairs
Matt
Smith
+44 (0) 20 7356 3522
Head of Media
Relations
Signatures
Pursuant
to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf
by the undersigned, thereunto duly authorized.
LLOYDS
BANKING GROUP plc
(Registrant)
By: Douglas
Radcliffe
Name: Douglas
Radcliffe
Title: Group
Investor Relations Director
Date: 01
December 2020