Lloyds names Chris Rhodes independent director

His career spans more than 30 years in UK banking, including senior finance, operations, retail and product roles.

Rhea-AI Filing Summary

Lloyds Banking Group plc appointed Chris Rhodes as an independent non-executive director, effective November 1, 2026. He will also join the Group’s Audit Committee and Board Risk Committee.

Rhodes has more than 30 years of UK banking experience, including senior roles in finance, treasury, operations, product and proposition development, and marketing. His previous positions included Group Finance Director and Interim Chief Executive Officer at Alliance & Leicester, senior roles at Nationwide Building Society, and Chief Executive Officer of Virgin Money until earlier this year. He currently has no other external commitments.

Key Figures

UK banking experience: More than 30 years Appointment effective date: November 1, 2026

2 metrics

UK banking experience More than 30 years Experience across the UK banking industry

Appointment effective date November 1, 2026 Chris Rhodes’s appointment as an independent non-executive director

Key Terms

independent non-executive director, Audit Committee, Board Risk Committee, chartered accountant

4 terms

independent non-executive director technical

"appointment as an independent non-executive director"

An independent non-executive director is a board member who is not part of a company’s day-to-day management and has no close ties to major owners, so they can offer unbiased oversight of strategy, risks, and executive pay. For investors, they act like an impartial referee who helps prevent conflicts of interest, improve transparency and hold management accountable, which can reduce governance risk and protect shareholder value.

Audit Committee technical

"a member of its Audit Committee"

A company's audit committee is a small group of board members who act like independent inspectors for the firm's finances, overseeing how financial reports are prepared, monitoring internal controls, and managing the relationship with external auditors. Investors care because a strong audit committee reduces the risk of accounting errors, fraud, or misleading statements, making financial statements more trustworthy and helping protect shareholder value.

Board Risk Committee technical

"a member of its ... Board Risk Committee"

chartered accountant technical

"qualified as a chartered accountant"

A chartered accountant is a professionally certified finance expert who prepares and checks a company’s financial records, advises on taxes and compliance, and audits accounts to ensure accuracy and honesty. For investors, they act like a trusted financial mechanic or referee: their work helps confirm that reported profits, debts and cash flows are reliable, which reduces risk and improves confidence when deciding whether to buy, hold or sell a stock.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

When does Chris Rhodes join Lloyds Banking Group (LYG), and which committees will he join?

Chris Rhodes’s appointment takes effect November 1, 2026, and he will join the Audit Committee and Board Risk Committee.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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

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Available on EDGAR 10/22/2026 - 07:22 AM EDT Accepted by SEC EDGAR 10/22/2026 - 07:21 AM EDT Learn about SEC filing dates

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

 22 October 2026

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, 22 October 2026

           re: Board Change

22 October 2026

LLOYDS BANKING GROUP PLC: BOARD APPOINTMENT

Lloyds Banking Group plc (the “Group”) is pleased to announce the appointment of Chris Rhodes as an independent non-executive director of the Group and a member of its Audit Committee and Board Risk Committee, in all cases with effect from 1 November 2026.

Biographical details

Chris has over 30 years of UK banking industry experience having held senior leadership roles across finance, treasury, operations, and product and proposition development and marketing.

Chris started his career at Ernst & Whinney (a legacy firm of EY). He then joined Alliance & Leicester plc where he qualified as a chartered accountant and undertook a range of roles including Interim Chief Executive Officer, Group Finance Director, Managing Director of Retail Banking and Operations Director. He then joined Nationwide Building Society and held roles including Chief Financial Officer, Chief Products and Proposition Officer and Group Retail Director. Until earlier this year Chris was Chief Executive Officer of Virgin Money following its acquisition by Nationwide Building Society. Chris currently has no other external commitments.

Sir Robin Budenberg, Chair, said: “We are delighted that Chris is joining our Board.  He brings outstanding experience of the financial and regulatory management of financial institutions and deep retail customer knowledge.”

There is no other information to be disclosed under UK Listing Rule 6.4.8R.

- 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 352 487

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: 22 October 2026