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Eric Daniels became Group Chief Executive of the Lloyds TSB Group on 1st June 2003, having joined their Board in November 2001 as Group Executive, UK Retail Banking. Immediately prior to his this, Eric was Chairman and CEO of Zona Financiera, a leading Latin American financial portal providing consumers with independent financial advice.
Eric spent the majority of his career with Citibank spanning some twenty five years. He started his career in Panama where he worked in systems, operations and planning and spent a total of thirteen years in Latin America, with positions including the Consumer Country Head for Chile and the Riverplate region. He spent four years based in London running Citibank’s private banking operations for Europe, the Middle East and Africa. He then returned to the States to hold senior positions in head office and subsequently to become President of FSB, Citibank’s West Coast consumer franchise based in San Francisco, California. In 1996, he was appointed Regional Head of Citibank Consumer Bank Europe, based in Brussels.
In 1998, Eric became the Chief Operating Officer of Citibank’s Consumer Bank based in New York and subsequent to a merger became Chairman and CEO of Travelers Life Annuity, based in Hartford, Connecticut.
Eric holds degrees from the Cornell University and the Massachusetts Institute of Technology.
Aged 56, he joined the Board of BT plc as a non-executive director, with effect 1 April 2008. | 