A template for growth: Lloyds’ ambitions in institutional markets

It has been a winding road since CEO Charlie Nunn separated out the corporate and institutional banking business in 2021 – but with a 75% revenue increase over three years and significant growth in client onboarding, momentum is gathering.

Lloyds’ path has been an interesting one since CEO Charlie Nunn came along in 2021 and split corporate and institutional banking (CIB) away from business and consumer banking (BCB). With former MUFG EMEA CEO John Winter coming on board in 2022 to head up CIB, suddenly the markets division gained a much louder voice, which has been transformational for growth.

Under Winter sits Carla Antunes da Silva, who took over as head of Lloyds Bank Corporate Markets in 2023.

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