Under England's leadership, the Transaction Banking team will continue to build upon the Bank's successful transaction banking proposition and evolve the Bank's product offer which supports the activities of the Bank's corporate customers. England will join on 28 March and he will be based in London.

England has spent his entire career in banking, which began more than 30 years ago with Lloyds Bank which he joined as a trainee. Primarily working in the Bank's international divisions, England spent almost ten years with Lloyds Bank before joining Citibank in 1990. Whilst at Citibank, England held a number of roles, with a particular focus on cash and trade management in Paris and Madrid. England then joined Deutsche Bank in 1998, initially with responsibility for global product management, before becoming part of the management team responsible for Deutsche's transaction banking unit.

Most recently, England has worked at Unicredit Group, which he joined in 2008. Whilst there he was its Head of CEE Global Transaction Banking, responsible for establishing a transaction bank across 19 countries in the region and building its market share and revenue in Corporate and FI products.

England will take over from Richard Dallas, who has held the role for the last three years, and who has decided to pursue other opportunities outside Lloyds Banking Group.

Andrew Géczy, CEO of Wholesale Banking and Markets, said: "Andrew's transaction banking experience, gained from over 30 years of banking, will be invaluable as we look to strengthen further our capabilities in this area and our service to our customers. His deep industry knowledge and expertise will help reinforce our position as 'the UK's House Bank' and his background in developing businesses, products and customer franchises will help us further transform our offering in the market."