Lloyds makes Wealth CIO appointment

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Lloyds Banking Group has appointed Markus Stadlmann as its new chief investment officer for its Wealth and Mass Affluent business.

The business is part of the group’s Retail division, which includes International Wealth, and serves some 500,000 clients.

Stadlmann has previously worked at Siemens AG, West Lab Asset Management, VP Bank Group, Harald Quandt Holding and Barclay’s Wealth and Investment Management.

Also announced is the appointment of Simon Kenyon is the new managing director for Wealth and Mass Affluent. Kenyon will report to Alison Brittain, group director, Retail. Kenyon takes on the responsibility for Wealth and Mass Affluent from Russell Galley who remains chief operating officer for Retail.

Alison Brittain said: “The integration of our Wealth business into the Retail division is an important component of our strategy to become the best bank for customers. I am delighted that Simon will build on his extensive exposure in the retail and mass affluent space to lead the business”


Jonathan Boyd
Editorial Director of Open Door Media Publishing Ltd, and Editor of InvestmentEurope. Jonathan has over two decades of media experience in Japan, Australia, Canada and the UK. Over the past 17 years he has been based in London writing about funds and investments. From editing the newsletter of the Swedish Chamber of Commerce in Japan in the 1990s he now focuses on Nordic markets for InvestmentEurope. Jonathan was awarded Editor of the Year at the Professional Publishers Association (PPA) Independent Publisher Awards 2017. Shortlisted for the same in 2016, he was also shortlisted in 2017 and 2015 for the broader PPA Awards category Editor of the Year (Business Media).

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