Adrian White- Chief Operating Officer- Commercial Banking
Industry analysts and Lloyd’s insiders believe that Adrian is the man who can “wrap up this escalating Lloyds’ problem by the end of the month”.
He has a firm background in SME banking and significantly an historic association with Bank of Scotland.
White has the ultimate responsibility for the Review but many believe that privately he recognises it’s too one-sided to achieve any credibility with the victims and the media. When the June 30th deadline passed it was White who authorised ex-gratia payments to the victims as a gesture of goodwill.
City analysts believe ‘he won’t set another deadline’ but that by ditching the Review and conducting individual negotiations with victims, ‘White could avoid Lloyds being drawn into even more litigation on top of the 6000 shareholders already taking them to court in October.’