Lloyds poaches two more top Santander executives

Marion Dakers
SANTANDER has lost two more senior bankers, it admitted yesterday, potentially weakening its chances of a UK float in the next twelve months.

Outgoing UK chief executive António Horta-Osório has poached the bank’s UK finance officer Antonio Lorenzo and its executive director of risk Juan Colombas as part of his move to Lloyds Banking Group.

Santander said it had found a replacement for Colombas, but finance director duties would be shared between four executives.

The bank moved quickly to replace its UK chief executive in early November, in an attempt to keep an even keel ahead of a possible float.

Meanwhile, the outgoing Lloyds chief Eric Daniels is thought to be in preliminary discussions about a senior role at UBS once he steps down in March. UBS declined to comment.