Eric Daniels joins CVC Capital Partners

By PETER RANSCOMBE

Published 4th Mar 2013, 20:26 BST

Former Lloyds Banking Group chief executive Eric Daniels has joined private equity firm CVC Capital Partners as a member of its global financial institutions advisory board.

Daniels joined Lloyds TSB in 2001 and became its chief executive in 2003, having previously worked at Citibank.

He became chief executive of Lloyds Banking Group after Lloyds TSB took over Bank of Scotland-owner HBOS at the height of the financial crisis.