Lloyds appoints Chief Operating Officer

Lloyds Banking Group has announced that it has hired David Gledhill, a former executive of Singapore’s DBS Bank, as the Group Chief Operating Officer (COO).

Gledhill will join in August this year, subject to regulatory approval, leaving DBS where he was group chief information officer and head of technology and operations. Before joining DBS,  Gledhill spent 20 years with JPMorgan in a number of operational roles throughout Asia.

During this time DBS won a number of industry awards, most recently Euromoney’s ‘World’s Best Bank’ in 2019 and ‘World’s Best Digital Bank’ in 2018. 

William Chalmers, Interim Group Chief Executive said “I am pleased to announce that our previously announced search for a new Group Chief Operating Officer (COO) has now concluded successfully and I am delighted that Dave Gledhill will join us as COO later this year. 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. 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.”