Stephen Winningham has joined Lloyds TSB Corporate Markets as Managing Director and Global Head of its Financial Institutions relationship banking business, having spent eleven years with Citigroup in the US and Asia.
Stephen will now be responsible for overseeing the growth of this key part of Lloyds TSB Corporate Markets which provides tailored financial solutions for the insurance sector; fund management firms; multinational and commercial banks; and other financial organisations.
Stephen has over 30 years of experience in finance and investment banking. Before joining Lloyds TSB, he ran Citigroup’s Global Internet Investment Banking practice and led its M&A team across ten countries in Asia. During this time Stephen advised on the three-way merger of Thai Military Bank, DBS Danu Bank and IFCT, and was responsible for a series of major transactions for organisations such as China Telecom, AT&T Wireless and the Malaysia International Shipping Corporation.
Diana Brightmore-Armour, CEO of Corporate Banking and Co-Head of Corporate Markets, Lloyds TSB said: “Stephen is a true banking heavyweight and his impressive track record in international corporate and investment finance will be invaluable in building on our successes and driving the business forward.”
In his new role, Stephen will focus on further developing Lloyds TSB’s relationships with international banks; with growing insurance groups in Europe, Bermuda and Middle East; and with the UK fund management companies.
Stephen added: “Having worked in the US and Asia, it’s great to get the opportunity to come and work for Lloyds TSB in London – the financial capital of the world – especially as the Bank has developed such a well-earned reputation for excellent service and for building strong customer relationships. It’s a fascinating time to be working with international financial organisations whose successes are critical to the economic development of growing regions around the world. In support of this, a key part of our focus will be to increase our trade finance activity.”
Stephen holds an MBA degree from Columbia University School of Business and a BA from Colgate University. He also studied economics at the New York University Graduate School of Arts and Sciences.