Lloyds appoints new COO

Lloyds Banking Group has announced it is appointing David Gledhill as group chief operating officer.

Gledhill, who has been working in Singapore for DBS Bank for 11 years, will begin the role in August.

He was on the bank’s executive committee as group chief information officer and head of technology and operations.

Before joining DBS, Gledhill spent twenty years with JP Morgan Chase in a number of operational roles throughout Asia.

“I am pleased to announce that our previously announced search for a new group chief operating officer has now concluded successfully and I am delighted that Dave Gledhill will join us as COO later this year,” said William Chalmers, interim group chief executive. “The role of Group COO is critical to building and running a robust technology environment, preserving our operational resilience and delivering on our customer led transformation objectives.”

Chalmers added: “Dave is a proven leader in our industry and it is very exciting to secure him and his wealth of experience. I also want to take this opportunity to thank David Oldfield for overseeing the COO role on an interim basis, in addition to his existing responsibilities, over the last few months and until Dave arrives.”

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