Sir Win Bischoff, the veteran British banker, is tol become the new chairman of Lloyds Banking Group from September. The 67-year-old former chairman of Citigroup will take over from Sir Victor Blank who stepped aside after being blamed by investors for Lloyds’ disastrous takeover of HBOS. Sir Win’s appointment comes despite objections from some investors unhappy about his handling of Citi’s problems.
