Changes to the Board of Directors
Lloyds TSB Group PLC
3 March 2000
LLOYDS TSB BOARD CHANGES
Three non-executive directors, Sir Nicholas Goodison, Peter Nicholson and Dame
Bridget Ogilvie DBE, will be retiring at the annual general meeting on 11
April 2000, having given valuable service to the Group over many years.
Sir Nicholas was Chairman of TSB Group from 1989 to 1995 and became deputy
chairman of Lloyds TSB Group following the merger.
Peter Nicholson served as a director of Lloyds Bank from 1990 to 1995 and
continued as a director of Lloyds TSB Group following the merger.
Dame Bridget was appointed a director of Lloyds Bank in March 1995 and also
continued as a director of Lloyds TSB Group following the merger.
On 23 June 1999, Lloyds TSB Group announced the agreement for the transfer of
the Scottish Widows business to the Group and that Lawrence Urquhart, the
Scottish Widows chairman, and Mike Ross, its group chief executive, would join
the Lloyds TSB Group board. The transfer becomes effective today and Mr Ross
and Mr Urquhart are now joining the board.
Biographical details of the new directors follow:
Michael D Ross
Joined Scottish Widows in 1964 and following a number of senior and general
management appointments became group chief executive in 1991. He will become
a deputy group chief executive of Lloyds TSB with responsibility for all life,
pension, unit trust and fund management business. Aged 53.
Lawrence M Urquhart
Chairman of BAA and a non-executive director of Imerys SA. Joined Burmah
Castrol in 1974 and held a number of senior and general management
appointments before becoming chief executive in 1985 until 1993 and chairman
in 1990 until 1998. Former chairman of English China Clays. Aged 64.
For further information:
Lloyds TSB Press Office
0171 626 1500
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