Our leadership team

Strong relationships are at the core of Lloyds Bank Commercial Banking’s values. If you need a bank that is moving with the times, connected to the UK and can help you plan for the future, the experience of our senior team can help you succeed. Meet our North America leaders.


  • Mark Grant

    Managing Director, International


    Mark has enjoyed a varied career with Lloyds Banking Group, encompassing roles in client coverage, Risk and Capital Markets. His time in Risk included 3 years as Chief Credit Officer for the US from 2000-2003, following which Mark returned to the UK as Head of Risk for
    Wholesale and International Banking.

     

    Following this Mark successfully drove the development of Lloyds Bank from a minor player in the Capital Markets arena into a well respected multi-product house. Notable achievements included being named UK Loan Arranger of the Year in 2008 by Euroweek, establishing the Bank as a regular lead on Sterling and Eurobond issues, securitizing in excess of £50bn of assets from the Group's balance sheet.

     

    Mark was the Managing Director and Head of Global Financial Institutions as well as interim Managing Director, Major Corporates before accepting the role of CEO Commercial Banking, North America & Regional Manager in 2011. He successfully implemented a UK centric strategy across the North America business as well as overseeing the building out the Capital and Financial Markets capabilities to support clients’ needs. Most recently Mark accepted the role of Managing Director International which includes the Commercial Banking business in North America, Asia and Europe. 

     

    Mark is an Associate of the Chartered Institute of Bankers and also qualified as a member of the Institute of Directors. He is a Board Trustee of the Institute of International Bankers and a member of the Board of Directors of British American Business.
  • Andy Schaeffer

    CEO Commercial Banking, North America


    Andy joined Lloyds Bank in July 2014 as Head of Financial Markets. In 2015 he also assumed responsibility for Capital Markets and as President of LSI. Andy became CEO of Commercial Banking North America in 2017....

    He joined the Group from Natixis Securities where he held the position of Head of Credit Platform, successfully delivering the build out of an origination, trading and distribution team.

    Andy has over 20 years of experience in the banking industry and prior to joining Natixis, he spent four years at Credit Agricole as Head of Credit Markets and Debt Origination, where he built and managed the bank's US credit business. In addition, he has held senior management roles at the Bank of New York, Barclays Capital, DLJ and Lehman Brothers.

     

    Andy attended NYU’s Graduate School of Business Administration/Executive MBA in Finance Program and was the recipient of the Outstanding Academic Achievement award.

Markets experts

  • Chris Spedding

    Head of Global Transaction Banking, North America and Asia


    Chris has had a diverse and successful career at Lloyds Bank since joining as a graduate trainee in 1999. He has held a number of client relationship management positions including MD and Global Head of Aerospace and Defense, where he focused on meeting the banking and finance needs of large UK and multinational companies in those industries. In 2013
    he took on the role of chief of staff to the CEO, Commercial Banking of Lloyds Banking Group with responsibility for managing interactions with various stakeholders across the wider Group.

     

    Prior to his current role, Chris was a member of the Financial Markets Executive Committee in his capacity as Director, Ring Fencing where he led the approach for optimizing the Group’s business model in preparation for the implementation of the UK’s Ring Fencing regulations. Chris has a Joint B.A. (Hons) in Modern Languages from the University of Nottingham, England.

Sector specialists

  • Alasdair Gardner

    Head of Global Corporates


    Alasdair has more than 30 years’ experience at Lloyds Banking Group and moved to North America in 2016 to head up the Global Corporate coverage teams. He leads a team of relationship managers based in New York and Houston, covering clients in the consumer and services, industrials, telecommunications, media, technology, natural resources and energy sectors.
    In his previous role, Alasdair had responsibility for providing a full range of banking services to Mid-Market and SME organizations across Scotland together with the Mid-Market business for North of England.

     

    In addition, Alasdair sat on the Scottish Government’s Scottish Business Board and the SCDI Executive Committee, and was responsible for Lloyds Banking Group’s Housebuilder and Social Housing propositions.
  • Samir Lalvani

    Head of Financial Institutions


    Samir heads Financial Institutions for North America with responsibility for client coverage of banks, financial sponsors, insurance, and global specialist finance and intermediaries. Samir re-joined Lloyds Bank from ANZ Banking Group, where he was Head of Coverage, International Banking and Deputy CEO, North America.
    Prior to ANZ, Samir was the President of Lloyds Securities Inc. and the Head of Capital Markets, a position he held for 6 years. He played an instrumental role in establishing Lloyds Securities Inc., which is the securities arm of the North America business, and developing Lloyds Bank’s product capabilities in the US.

     

    Samir joined Lloyds Bank in 2009 from Citigroup, where he worked for 10 years. During this time, Samir specialized in offering clients bespoke solutions to financing needs, with particular emphasis on structuring to tax, accounting, rating agency and regulatory considerations across multiple distribution platforms. Prior to Citigroup, Samir spent eight years in the Branded Consumer Industry in sales, marketing and strategic functions at Procter & Gamble and Nabisco.

     

    Samir received a Bachelor of Arts degree in Business Economics and International Relations from Brown University and an MBA with distinction from New York University’s Stern School of Business.

Support specialists

  • Jay Cook

    Chief Risk Officer


    Jay Cook joined Lloyds Bank in January 2013 as Chief Risk Officer for North America covering all risk disciplines including credit risk, operational risk, market risk, regulatory risk, conduct risk, compliance, BSA/AML and regulatory relationship management.

     

    Jay has over 30 years of industry experience and joined from RBS, where he had worked for the last four years in a variety of senior roles including Chief Risk Officer of RBS Americas, Citizens Financial Group and RBS NV Americas. Prior to his time at RBS, Jay had a number of senior roles at Citigroup, Canadian Imperial Bank of Commerce and Lehman Brothers.
  • Stephen Dolmatch

    Chief Legal Officer for Lloyds Bank, North America and Chief Legal Officer for Lloyds Securities Inc.


    Steve serves as Chief Legal Officer for Lloyds Bank in North America and Chief Legal Officer for Lloyds Securities Inc. Steve advises the North America businesses and leads the North America legal department. He joined Lloyds in 2010....

     

    Prior to joining Lloyds, Steve was Senior Managing Counsel at The Bank of New York Mellon and, before that, practiced law at American Express and a large Wall Street law firm.

     

    Steve is a member of the General Counsels Committee of the Securities Industry and Financial Markets Association and other industry associations. He holds a B.A. magna cum laude from Amherst College and a J.D. from New York University School of Law.
  • Kevin McKendry

    Senior Partner and Head of US Structural Reform


    Kevin McKendry joined Lloyds Banking Group in 1979 and assumed leadership of the North America Legal Department in 1982, initially as the Vice President & Counsel, then as the Senior Counsel and until 2015 as the Chief Legal Counsel. In January 2016, Kevin assumed the role of Senior Partner & Head of US Structural Reform, providing legal and practical advice and assistance on a variety of regulatory, structural and commercial matters.

     

    After 36 years with the organization, Kevin’s experience and vast institutional knowledge enable him to assist and counsel non-lawyer members of the North America Senior Management, as well as to assist his UK legal colleagues to provide US-relevant advice and counsel to Lloyds Banking Group.

     

    Prior to joining the Group, Kevin held judicial clerkships with a state trial court in the Commonwealth of Pennsylvania and with the Chief Judge of the US Court of International Trade in New York. Kevin is an honors graduate of the University of Pennsylvania and the Villanova University School of Law.
  • Ben Molony

    Chief Financial & Operating Officer


    Ben Molony joined Lloyds Banking Group in 2005 and has been Chief Financial and Operating Officer for the North America region since September 2012. Prior to this role, Ben was Finance Director to the Commercial Banking and Treasury & Trading business areas.

     

    Ben qualified as a Chartered Accountant with Deloitte in 1992, which was followed by two years working in the Boston, USA office and seven years in a variety of senior finance and project management roles at Merrill Lynch.
  • Fiona Murtagh

    Head of Human Resources, Global Corporates & International


    Fiona joined Lloyds Banking Group over 15 years ago and is currently Head of Human Resources, Global Corporates & International. She joined the North America operations from the UK where she was Head of Capability & Engagement for the Commercial Banking and Commercial Finance businesses.

     

    Over the last couple of years, Fiona has successfully led the delivery of HR programs supporting the integration of Lloyds TSB and Halifax Bank Of Scotland. Since joining the Group, she has held a number of generalist Human Resources roles before specializing in the areas of Diversity, Talent & Learning.

     

    Fiona played netball for England for over 13 years, obtained over 100 caps, Captained the team to bronze medal position in the Commonwealth Games in Kaula Lumpar, and was awarded an MBE for services to netball following her return from retirement to win a bronze medal in the World Netball Championships in New Zealand in 1999.

  • Phil Rawlins

    Head of Treasury, Americas


    Phil Rawlins is the Treasurer of the North American businesses, a role combining oversight of the balance sheet (structural risk, funding and liquidity) and capital management with Investor, Rating Agency and Regulatory work.

     

    Prior to this role, Phil ran the Sub 2-year funding and collateral trading businesses for Bank of Scotland before becoming Head of Lloyds Bank’s Markets and Treasury businesses in Asia Pacific, including oversight of the Sydney, Hong Kong and Tokyo offices, with Executive responsibility in each region.

     

    Phil has 25 years experience in banking and has covered the US, Asia and Europe.
  • Théa Watkins

    Head of CEO Office


    Théa Watkins joined Lloyds Banking Group in 1995 and is currently Head of CEO Office North America. Théa's team is responsible for all Internal and External Communications, marketing and events, together with the Responsible Business and Colleague Engagement Initiatives.
    In addition, the team manages the Client First agenda for the North America business. Prior to this role, Théa was working as a Senior Manager in Structured Credit Investments with primary responsibility for the management of the New York Student Loan portfolio, before assuming in 2012 the role of Senior Manager, Colleague Engagement, where she worked with colleagues across all business areas to help make North America a great place to work.

     

    Théa has a B.A. (Hons) in Business Studies from the University of the West of England Business School, Bristol, England.

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