Lloyds TSB Private Banking hires Head of High Net Worth Middle East

Geneva, 31 July 2012 - The Private Banking arm of Lloyds Banking Group has secured Anthony Valgimigli to head its high net worth business in the Middle East. Based in Geneva, Anthony will lead the teams in Switzerland and Dubai. He will report to Martin Fricker, High Net Worth Director, and will focus on increasing Lloyds TSB Private Banking activity and profile in the Middle East.

Anthony joins after nearly 29 years at Barclays, which included 10 years in corporate finance and large corporate insolvency before joining the Bank's Middle East private banking business 19 years ago. As well as covering client families across the region, he has also led teams in London, Geneva and Monaco, helping to build significant client bases in the Middle East. In 2008, he was based in Qatar, where he returned in 2011 to head the Private Wealth business there.

About Lloyds TSB Private Banking
Lloyds TSB Private Banking provides banking and wealth management services to private clients. Headquartered in London (for UK-based clients) and Geneva (for clients with international needs), Lloyds TSB Private Banking offers a complete range of private banking services to wealthy individuals through its network of over 20 offices across the UK and internationally. Its range of tailored services includes wealth and investment management, personal banking, tax and retirement planning for affluent, high-net-worth individuals, entrepreneurs and families.

Lloyds TSB Private Banking is part of the Wealth and International division of Lloyds Banking Group, the largest retail banking group in the UK, and has an aggregate of £181.5bn in assets under management, as at 30 June 2012.

To find out more, please visit www.lloydstsb-pb.com.

For further information contact:
Tom Watterson
Senior Account Manager
Grayling Momentum
tom@graylingmomentum.com