Lloyds Bank appoints new managing director

Lloyds Bank Corporate & Institutional Banking has appointed Lisa Francis as Managing Director, Institutional Coverage. Lisa will be based in London and report into John Winter, CEO, Corporate & Institutional Banking.

This is a newly created role, following the decision to create an expanded institutional coverage team, to drive further growth in this area and to bring the full breadth of Lloyds Banking Group’s capabilities to support our institutional clients.

In this role, Lisa will work closely with the product and markets teams to increase the institutional client base and to deepen clients use of the wide range of products and services available across the wider Lloyds Banking Group, including our overseas offices.

Lisa’s career spans more than 30 years in leading financial institutions. Lisa joined Lloyds Bank earlier in the year to lead a project on strategic delivery for Corporate & Institutional Banking. Prior to joining Lloyds, Lisa’s most recent role was at Barclays Private Bank, where she spent five years as CEO of UK and Crown Dependencies. Prior to this, Lisa held a number of leadership positions in FX sales and trading at Barclays and Natwest, having begun her career at Natwest in 1990. During her career, Lisa has strong experience in growing profitable franchises, including the underlying client base served, as well as extensive experience of identifying strategic opportunities to improve performance and deliver market leading products and services to clients.

John Winter, CEO, Corporate & Institutional Banking, said: “Lisa brings to us a deep understanding of institutional, corporate and private banking, which will be invaluable as we look to accelerate growth in our institutional coverage franchise. Clients increasingly require more than traditional banking solutions, whether that is access to sustainability-linked finance and advisory services as they transition to net zero or to a more holistic range of financial services and products. We have a strong institutional client base and I’m looking forward to supporting Lisa in her new role.”

Lisa Francis, Managing Director, Institutional Coverage, said: “I am very excited to be appointed to lead the newly created Institutional Coverage team. I was attracted to Lloyds Bank by its clear focus on helping clients to fulfil their ambitions, as well as its strong inclusion and diversity values and its clear, unifying purpose to help Britain prosper. We have an amazing opportunity to grow our institutional franchise. Not just by attracting more financial institutions to bank with us, but also to encourage existing clients to broaden the range of products and services they access from us. I look forward to leading the team as we deliver for our clients in the months and years ahead.”