Lloyds CEO requests leave of absence on medical advice

UPDATE: Lloyds Banking Group chief executive Antonio Horta-Osorio requested a leave of absence on medical advice, according to a person with knowledge of the matter.

2nd November, 2011
Lloyds CEO requests leave of absence on medical advice
Lloyds Banking Group chief executive Antonio Horta-Osorio

Lloyds Banking Group chief executive Antonio Horta-Osorio is taking leave of absence from his duties following medical advice.

“Antonio is expected to return to his position before the end of the year,” the bank said in a statement today. “The board is meeting later this morning to agree interim arrangements which will be announced in due course.”

Horta-Osorio, who replaced Eric Daniels eight months ago, is suffering from fatigue, a person...

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