Growing International Wealth is a priority for Lloyds Banking Group
(PRWEB) July 26, 2011
• Martin Fricker selected to take the role of High Net Worth Director
- Tony Wilcox will become Mass Affluent Director
- Guy Healey appointed Change & Transformation Director
A number of senior appointments have been announced at Lloyds Banking Group within the business unit of International Wealth. This unit includes Lloyds TSB Private Banking, which provides exclusive private banking and wealth management services. Russell Galley, who was recently made Managing Director of International Wealth, has this week made a series of senior appointments following the decision to restructure the Group’s wealth offering. Across two distinct businesses, UK and International, Lloyds Banking Group will now serve customers looking to take advantage of its services for affluent and wealthy customers outside the UK from Geneva in Switzerland.
One of the new positions, High Net Worth Director, has been given to former Islands Banking Director Martin Fricker. Previously, Fricker had led the group’s business in both The Isle of Man and The Channel Islands. He also brings with him 30 years of experience within Lloyds Banking Group and will be based out of the company’s Geneva offices.
The new Mass Affluent Director has been named as Tony Wilcox, who will oversee the part of the business that serves Lloyds Banking Group’s many affluent expatriates. Wilcox had previously worked for the group as Expatriate Banking Director, a role he undertook in 2009.
Guy Healey has been appointed as the International Wealth Change & Transformation Director and will be charged with reshaping Lloyds Banking Group’s International Wealth business.
It has also been confirmed that Kevin Horrocks and Cliff Marr – Wealth Structuring Solutions Director and Financial Markets Director respectively – will support Russell Galley as before from their current positions.
"Growing International Wealth is a priority for Lloyds Banking Group,” explained Galley. “The biggest growth opportunity in our market is in the high net worth and affluent segments. With these new appointments, we are well positioned to target expatriates, and affluent and wealthy international customers with strong links to the UK."