MOVES-Lloyds appoints Gareth Oakley small business banking boss
LONDON, June 9 (Reuters) - Lloyds Banking Group said it has appointed Gareth Oakley as Managing Director, SME Banking, with responsibility for growing its lending and services to small-and-medium-sized businesses (SMEs).
Oakley will report to Tim Hinton, managing director, mid-markets and SME banking, and will oversee Lloyds' relationships with businesses that have annual turnover between 1 million and 25 million pounds ($38 million).
Oakley has been at Lloyds for 26 years, most recently as regional director, SME banking, in the east of England.
($1 = 0.6542 pounds) (Reporting by Matt Scuffham; Editing by Nishant Kumar)