Executive Directors

Executive Directors of Lloyds Banking Group

The executive directors of Lloyds Banking Group are shown below. Biographical details are available by clicking on the relevant name.

António Horta-Osório

Executive Director and Group Chief Executive

Joined the Board in January 2011

Appointed Group Chief Executive in March 2011

António Horta-Osório: Executive Director and Group Chief Executive

Skills and experience: António brings extensive experience in, and understanding of, both retail and commercial banking. This has been built over a period of more than 25 years, working both internationally as well as in the UK. António’s drive, enthusiasm and commitment to customers, along with his proven ability to build and lead strong management teams, brings significant value to all stakeholders of Lloyds Banking Group. António has a Degree in Management & Business Administration from the Universidade Católica Portuguesa, an MBA from INSEAD and has completed the Advanced Management Program at Harvard Business School. 

External appointments: António is a Non-Executive Director of EXOR N.V., Fundação Champalimaud and Sociedade Francisco Manuel dos Santos in Portugal, a member of the Board of Stichting INPAR Management/Enable and Chairman of the Wallace Collection.

Former appointments: António joined Grupo Santander in 1993, having previously worked for Goldman Sachs and for Citibank, and held various senior management positions culminating in becoming Executive Vice President of Grupo Santander and a member of its Management Committee. In November 2004, he was appointed as a Non-Executive Director of Santander UK and, from August 2006 until November 2010, served as its Chief Executive. António is also a former Non-Executive Director of the Court of the Bank of England and Governor of the London Business School.

William Chalmers

Executive Director and Chief Financial Officer

Joined the Board in August 2019

William Chalmers, Executive Director and Chief Financial Officer


Skills and experience: William has significant board level strategic and financial leadership experience including strategic planning and development, mergers and acquisitions, equity and debt capital structuring and risk management. He has worked in financial services for over 25 years. William was admitted to the New York Bar in 1993, has a Juris Doctor, Cum Laude, from Harvard Law School and a First Class Honours Degree in Economics from Edinburgh University.

External appointments: None.

Former appointments: William was previously Co-Head of the Global Financial Institutions Group at Morgan Stanley. Prior to that, he held a number of senior roles at Morgan Stanley, including Head of EMEA Financial Institutions Group. Before joining Morgan Stanley, William worked for JP Morgan, again in the Financial Institutions Group.