March 4, 2013 / 8:44 AM / 5 years ago

CVC appoints ex Lloyds boss Eric Daniels as adviser

LONDON (Reuters) - Buyout group CVC Capital Partners has appointed former Lloyds Banking Group (LLOY.L) boss Eric Daniels as a senior adviser in its Global Financial Institutions Group (FIG).

Group Chief Executive of Lloyds Banking Group Eric Daniels walks through the Scottish Exhibition and Conference Centre (SECC) before the company's annual general meeting (AGM) in Glasgow, Scotland, June 5, 2009. REUTERS/Stringer

In a statement on Monday, CVC said Daniels starts in his new position immediately.

“With (Daniels’) breadth of knowledge and understanding in banking, insurance and wealth management we hope to further strengthen our capabilities and build on the success the FIG team has achieved over the past four years,” CVC Managing Partner Jonathan Feuer said.

Daniels was group chief executive at Lloyds. He stepped down om 2011 from Lloyds, which he first joined in 2001 as a group executive director.

He holds a similar advisory position at investment banking boutique StormHarbour.

Reporting by Chris Vellacott; Editing by Anthony Barker

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