Also joining Lloyds TSB's structured credit operation is Chris Tessler. He will recruit and lead the bank's structured credit distribution team, also based in London. He was formerly head of a specialised securitised credit sales team for HVB in London.
Lloyds TSB also recently appointed a new secondary loans team, led by CIBC's former head of secondary loans, Gordon Craigen.
All three teams will report to Lloyds TSB Financial Markets' managing director, Mark Preston.