Lloyds Consumer Chiefs Opperman and Singh Are Swapping Jobs

Lloyds Banking Group Plc is switching around its consumer bosses for the next stage of its wealth pivot.

Jayne Opperman, CEO of consumer relationships, and Jas Singh, CEO of consumer lending, will swap jobs from July 1, Lloyds said in an internal memo seen by Bloomberg News. Both sit on the group’s executive committee.

“This move is made possible by the strong momentum made already to grow the business, and is designed to be a bold next step to continue that growth and deliver more and more innovative products for our customers,” a Lloyds spokesperson said, confirming the swap. ...