Former Lloyds Bank boss Antonio Horta-Osorio is knighted
Former Lloyds Bank boss Antonio Horta-Osorio who turned around its fortunes after 2008 financial crisis is knighted
- Banker knighted for services to financial industry, mental healthcare and culture
- Antonio Horta-Osorio ran Lloyds Bank for decade before stepping down in April
- Father of three turned around Lloyds’ fortunes after the 2008 financial crisis
Banker Antonio Horta-Osorio is knighted for his services to the financial industry, mental healthcare and culture.
The Portuguese ran Lloyds Bank for a decade before stepping down in April. The 57-year-old father of three turned around Lloyds’ fortunes after the 2008 financial crisis – earning £60million in the process.
But in 2016 Mr Horta-Osorio was forced to apologise to employees for an extra-marital affair as he denied using more than £3,000 of company expenses to woo his lover.
He was also blamed for bungling a redress scheme designed to help scores of small business customers who were victims of a major fraud at the Reading branch of Halifax Bank of Scotland.
Mr Horta-Osorio is now chairman of crisis-stricken Swiss bank Credit Suisse.
Banker Antonio Horta-Osorio is knighted for his services to the financial industry, mental healthcare and culture
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