António Horta-Osório Returns to Banking
Former Lloyds Banking Group CEO António Horta-Osório has joined Crédit Commercial de France as deputy chair.
Horta-Osório, 61, left Lloyds in 2021 after 10 years as CEO and resigned as chair of Credit Suisse in 2022 for breaking Covid quarantine rules.
I regret that a number of my personal actions have led to difficulties for the bank and compromised my ability to represent the bank internally and externally.
He added:
I therefore believe that my resignation is in the interest of the bank and its stakeholders at this crucial time.
This move marks his return to banking after almost four years.
Author's summary: Horta-Osório joins Crédit Commercial de France.