Lloyds TSB appoints new head of business and IT services

Appointment will improve tailored services and attract new clients, hopes the bank

Lloyds TSB wants to attract new business clients

Lloyds TSB Corporate Markets – a bespoke banking service for businesses with an annual turnover of more than £2m - has appointed a new head of its specialist IT and business services sector team.

Nick Clowe will be responsible for overseeing all IT and business services offered to other companies.

The appointment will help attract new clients, said Richard Dakin, managing director of Lloyds TSB.

"Delivering innovative solutions via specialist teams will ensure a greater depth of understanding of our customers' needs, enabling us to provide flexible funding packages incorporating a range of tailored services," he said.

Clowe will be supported by a team of specialist directors with IT and business services expertise.