Lloyds Banking Group names new business and commercial banking CEO

Core Viewpoint - Lloyds Banking Group has appointed Amanda Murphy as the new CEO for its business and commercial banking division, effective February 2026, following Elyn Corfield's decision to step down after nearly nine years with the group [1][4]. Group 1: Leadership Transition - Amanda Murphy's appointment is pending regulatory clearance and is set to take place in February 2026 [1]. - Elyn Corfield has led the BCB division and has been instrumental in transforming the business to better serve small and medium-sized enterprises [3]. - Corfield has expressed her commitment to supporting the UK business community and has contributed to initiatives like the Black in Business initiative and the government's Lilac Review [4]. Group 2: Amanda Murphy's Background - Prior to her appointment at Lloyds, Amanda Murphy held senior roles at HSBC, including Asia commercial banking co-head and head of commercial banking for South and Southeast Asia [2]. - Murphy has experience in the UK BCB division of HSBC from 2013 to 2021, serving as UK commercial banking head from 2017 to 2021 [2].