Lloyds Banking Group is hunting for a new CEO to replace António Horta-Osório who will step down as chief executive in 2021 after nearly 10 years.

Financial Planner Schroders Personal Wealth has appointed former Openwork chief executive Mark Duckworth as its new CEO.

The chief executive of Schroders Personal Wealth, Peter Hetherington, has left the firm which will now seek it’s third chief executive in 12 months.

Schroders’ Financial Planning joint venture with Lloyds Bank - which turns one year old this month - has been prioritising vulnerable clients as it moves to full remote client meetings during the Covid-19 lockdown.