Dec 14, 2022 / NTS GMT
Robin Francis Budenberg - Lloyds Bank plc - Chairman
Good afternoon, everyone. And firstly, welcome to you all to this governance event for Lloyds Bank -- Lloyds Banking Group, I should say. It's my privilege to be Chairman of Lloyds. My name is Robin Budenberg and we just wanted to talk to you about the importance of governance for us and the clear connection that we see between strategy, performance and culture as linked through our governance framework.
We are, of course, a bank, and therefore, regulation and risk is a very important part of our -- the way in which we operate. But it's also incredibly important that we spend time at the Board focused on the big strategic issues that we face. So we try and operate as a Board with 2 principles in mind. First of all, very clear accountability between the Board and the executive and secondly, equally clear accountability between the Board and committees. It is vital that we trust our committees to do the detailed work that is required in order to allow us as a Board to be comfortable with the conclusions that they reach.
So I'm joined today
Lloyds Banking Group PLC Board Governance Event Transcript
Feb 10, 2024
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