BGL swoops for Lloyds Bank FD

BGL Group has appointed Alasdair Lenman (pictured) to the newly created position of deputy chief financial officer.

Lenman joins BGL from Lloyds Banking Group, where he was finance director, retail products and intermediaries. As part of the leadership team, he held joint responsibility for the financial and commercial development of all retail banking products. During his time at Lloyds, he led a number of programmes including the establishment of BGL’s motor insurance contract with Lloyds via Junction, the Group’s partnerships business.

Lenman’s past positions include deputy chairman of Sainsbury’s Bank and chairman of the audit committee, director of Cheltenham & Gloucester plc, as well as directorships for a number of other financial entities.

BGL Group chief financial officer Ian Leech said: “As the BGL Group grows in size, diversity and complexity, having the right resources in place to maximise our future opportunities is crucial. Alasdair’s vast experience will provide dedicated leadership to the central finance team and indirectly to the finance functions of each of our businesses. This appointment will have strategic significance, particularly in terms of our future agility in seizing new business opportunities. We are delighted to welcome Alasdair to the group.”