The new deputy chairman of Lloyds TSB is a Scotsman and a veteran industry big hitter who has strong links to New Labour.
The new deputy chairman of Lloyds TSB is a Scotsman and a veteran industry big hitter who has strong links to New Labour.
Lord Sandy Leitch joined the board of Lloyds in 2005 and was appointed chairman of Scottish Widows in 2007.
He held a number of management posts in Allied Dunbar, Eagle Star and Threadneedle Asset Management before the merger of Zurich Group and British American Tobacco's financial services businesses in 1998. He subsequently served as chairman and chief executive officer of Zurich Financial Services for the UK and Asia Pacific region until retiring in 2004.
A Labour peer, Leitch was chairman of the UK Government's independent review of the nation's educational needs, published in December 2006, which recommended making full or part-time education or training compulsory until the age of 18. He also said he wanted 95% of UK adults to have basic numeracy and literacy by 2020.
