LONDON ? Part-nationalized Lloyds Banking Group PLC says that its chief executive is taking a temporary leave of absence due to illness.
The bank announced Wednesday that Antonio Horta-Osorio is expected to be back at work by the end of the year.
The Press Association news agency and the Financial Times quoted unidentified sources as saying Horta-Osorio was suffering from stress.
The 47-year-old Horta-Osorio, a former executive at Spanish bank Santander, only stepped into the top job at Lloyds in March.
Lloyds said interim arrangements for management were to be discussed at a board meeting Wednesday morning.
Lloyds share price was down 1.4 percent in early trading in London.
seal beach bhutan zip code finder zip code finder blackhawks tigers tigers
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.