LLDTF announces Scottish Widows leadership transition; interim Chair named

Rhea-AI Filing Summary

Lloyds Banking Group plc announced a board change affecting its insurance subsidiary. Scott Wheway will step down as a Non‑Executive Director of LBG and as Chair of Scottish Widows Group with effect from 31 October 2025. He is leaving to become Chair at Legal & General Group plc, joining its board as a Non‑Executive Director from 2 January 2026. LBG will run a process to appoint the next permanent Chair of Scottish Widows Group. Chris Moulder, the Senior Independent Director of Scottish Widows Group, will serve as interim Chair, subject to regulatory approval.

Form 6-K: How Foreign Companies Report to the SEC →

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C.20549

FORM 6-K

Report of Foreign Private Issuer

Pursuant to Rule 13a-16 or 15d-16a

of the Securities Exchange Act of 1934

13 October 2025

LLOYDS BANKING GROUP plc

(Translation of registrant's name into English)

5th Floor

25 Gresham Street

London

EC2V 7HN

United Kingdom

(Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports

under cover Form 20-F or Form 40-F.

Form 20-F..X..     Form 40-F 

Index to Exhibits

Item

 No. 1 Regulatory News Service Announcement, 13 October 2025

           re: Board Change

13 October 2025

LLOYDS BANKING GROUP PLC: BOARD CHANGE

Lloyds Banking Group plc ("LBG") announces that Scott Wheway will step down as a Non-Executive Director of LBG and as Chair of Scottish Widows Group with effect from 31 October 2025. Scott, who is also a member of the LBG Board Risk Committee and Nomination and Governance Committee, is leaving to take up the position of Chair at Legal & General Group Plc where he will become a Non-Executive Director from 2 January 2026. A process will be run for the next Chair of Scottish Widows Group. Chris Moulder, the Senior Independent Director of Scottish Widows Group, will take on the role of interim Chair of Scottish Widows Group subject to regulatory approval.

Sir Robin Budenberg, LBG Chair, said: "I and the Board would like to thank Scott for the contribution he has made to LBG and for the leadership and commercial acumen he has brought to the Board and in his role as Chair of Scottish Widows Group. He leaves with our thanks and best wishes for his new role. I am grateful to Chris for taking on the role of interim Chair of Scottish Widows Group."

END

For further information:

Investor Relations Douglas Radcliffe Group Investor Relations Director Email: douglas.radcliffe@lloydsbanking.com Group Corporate Affairs Matt Smith Head of Media Relations Email: matt.smith@lloydsbanking.com +44 (0) 20 7356 1571 +44 (0) 7788 352487

Signatures

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

LLOYDS BANKING GROUP plc

 (Registrant)

By: Douglas Radcliffe

Name: Douglas Radcliffe

Title: Group Investor Relations Director

Date: 13 October 2025

FAQ

What board change did LLDTF announce on this Form 6-K?

Lloyds Banking Group announced that Scott Wheway will step down as a Non‑Executive Director of LBG and as Chair of Scottish Widows Group.

When will Scott Wheway leave his roles at LLDTF and Scottish Widows?

He will step down with effect from 31 October 2025.

Who will serve as interim Chair of Scottish Widows Group?

Chris Moulder, the Senior Independent Director of Scottish Widows Group, will be interim Chair subject to regulatory approval.

What new role is Scott Wheway taking after leaving LLDTF?

He will become Chair at Legal & General Group plc and a Non‑Executive Director from 2 January 2026.

Will there be a process to appoint a permanent Chair at Scottish Widows?

Yes. LBG stated that a process will be run for the next Chair of Scottish Widows Group.

Was Scott Wheway a member of any LBG board committees?

Yes. He served on the Board Risk Committee and the Nomination and Governance Committee.