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.

  • 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

  • Wesley Fallan

    Head of Capital Markets, North America

    Wesley moved to New York in 2014 where he has been part of the build-out of Lloyds’ Broker Dealer, Lloyds Securities Inc. (LSI). Wesley is now Head of the Capital Markets platform in the US.

    The role builds on Wesley’s career in the bond markets in both London and New York; he is now running all 6 teams encompassing: Debt Capital Markets, Syndicate, Securitized Products Group, Loans, Private Placements and Risk Management Solutions in North America. Having achieved a 2:1 (honors) degree in Economics and Econometrics from the University of Nottingham in 2000, Wesley spent the first 8 years of his 16 year career in various Loan Markets roles at HSBC in London, more latterly on its Origination team.

    From there, Wesley joined the multi-product Origination desk within Lloyds' DCM business in 2008, responsible for pitching Lloyds' growing credentials in public bonds, US private placements and Syndicated Loans to clients in the UK and Europe.


  • Kristan Gochee

    Head of Financial Markets, North America

    Kristan joined Lloyds Securities Inc. April 2014 and was responsible for launching the US Dollar Asset Backed Solutions trading desk. In July 2015, she moved to the syndicate desk to provide dedicated ABS coverage for Lloyds Bank’s US clients and is now currently Head of Financial Markets.

    Kristan has over 15 years of experience in fixed income analysis, research, trading, sales and syndication. She began her career at Conning Asset Management as a research analyst where she covered structured products across asset classes, her work included analyzing and valuing both existing and prospect client portfolios. She spent 2004-2011 as a trader at UBS Securities where she traded proprietary positions for the bank; including whole loans, ABS, non-agency RMBS, subprime, CMBS and the related indices. Prior to leaving UBS she was the Head Trader for the Auction Rate Securities desk. She holds her series 7, 63, 53, 24 and 79.

  • Sebastian Kafetz

    Head of Global Transaction Banking, North America

    Sebastian joined Lloyds Bank in London in 2002 and has held a number of different roles spanning Financial Institutions Coverage, Credit Risk and Corporate Banking. Following his relocation to New York in 2012, Seb led

    a coverage team as Managing Director and Head of Insurance and Specialist Finance for North America, managing relationships across the Global Insurance space.


    In July 2019, Seb was appointed to his current role as Managing Director, Head of Global Transaction Banking, North America. In this role Seb manages a team providing both product and sales coverage relating to the provision of trade finance and cash management.

    Seb has a Masters in Management from Durham University Business School, The Association of Corporate Treasurers treasury qualification and a BA in political science from Nottingham University. Seb is series 24, 79 and 63 FINRA qualified.

Sector specialists

  • Samir Lalvani

    Head of Corporate & Institutional Coverage, North America

    Samir is currently Head of Corporate & Institutional Coverage. Prior to that, he headed up 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

  • Steve Bedwell

    Head of Business Strategy & Treasury Oversight

    Steve joined the Group as a graduate trainee Chartered Accountant with Bank of Scotland in Edinburgh in 1993. After completing his professional qualifications he took up a finance role with the Group’s Treasury function in London and before becoming the Head of Financial & Regulatory Reporting for HBOS Treasury Services following the Bank of Scotland merger with Halifax.

    In 2003, he was appointed a lead on the project to establish an HBOS Treasury Branch in New York and took on the role of Head of Finance & Risk when the branch commenced operations.

    Following the Lloyds Bank acquisition of HBOS in 2008, Steve took on responsibility for the combination of the two treasury functions with his primary focus on the oversight of the market and liquidity risk areas, eventually encompassing the asset and liabilities management for the combined North American business. In 2012 Steve was appointed to lead the North America Client Asset Management team.


  • 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.
  • Veronica Cranny

    Head of Operations

    Veronica joined Lloyds Banking Group in 2013 and is currently Head of Operations.  Veronica’s team is responsible for the complete end to end transaction booking, sanctions screening, and payment execution in support of the Commercial Banking and Markets Operations activities of North America

    Prior to joining Lloyds, Veronica held a number of key operational and control roles in Asset Management and Financial Institutions, including Allied Irish Bank PLC and Royal Bank of Scotland PLC and has worked in Dublin, London and New York.


    Veronica is passionate about building agile and adaptable teams, focusing on the competencies and behaviors of the team; resulting in the freedom to challenge inefficient processes and drive real progress towards the integrity and strength of the control environment and IT infrastructure.

  • 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.
  • Gavin Golbourn

    Head of IT, North America

    Gavin joined Lloyds Banking Group in 2004 managing technology for our Financial Markets division including the trading platforms, market data systems and client portals. During Gavin’s time with the Group he has held a number of senior technology roles within Wholesale and International Banking covering a variety of disciplines in the UK.

    Gavin transferred to the US in 2011 and is responsible for all technology services across North America including Service Delivery, Programme Management, Infrastructure and IT Risk & Assurance.  More recently he has taken on the additional role of Chief Information Security Officer (CISO) responsible for regulatory agenda for US cyber security.

    Gavin has over 25 years Technology experience within Financial Services working as Head of Trading Floor Support, Commerzbank, and other companies including Thompson Reuters and Dow Jones. Gavin graduated college with OND in Electronic and Communication Engineering. Gavin has a variety of technology qualifications gained over his 25 year career, mostly recently with Certified Information Security Management (CISM),  COBIT 5 & ITIL. Gavin is member of the Information Systems Audit and Control Association and the Chartered Institute of IT.

  • Ross Houghton

    Chief Financial Officer

    Ross is the Chief Financial Officer in North America overseeing all Finance and Taxation activities and serving as the Chief Financial Officer & Treasurer for Lloyds Securities Inc., the Groups registered broker-dealer. He was appointed Chief Financial Officer for the North America region in January 2019.

    Prior to this, Ross was the Head of Finance for the Lloyds Bank New York Branch as well as serving as Chief Financial & Operations Officer for Lloyds Securities Inc.


    Ross qualified as a Chartered Accountant in 2000 before joining KPMG’s financial sector practice where he was a bank auditor. He joined the Group in 2002 and transferred to the US in 2005 in a senior finance capacity at the Groups auto finance subsidiary in Dallas, Texas. Ross led the finance activities in the successful M&A process to market and sell the unit in 2006 before transferring to New York where he has since held a number of senior finance, operations and control roles.

    Ross has a Bachelor of Commerce (Hons) in Business Studies & Accounting from the University of Edinburgh and is a member of the Institute of Chartered Accountants of Scotland.
  • Nina Ilisije

    Senior Human Resources Business Partner

    Nina joined the Human Resources team July 2009 as a Senior Business Partner and was appointed to our leadership team in 2018. 

    She is a seasoned HR professional with over 20 years of experience.

    Prior to joining Lloyds Bank, Nina held a number of generalist HR roles with BlackRock and Merrill Lynch where she provided expertise for various teams such as Equities, Sales & Marketing and Technology. She has also specialized in a number of Recruitment and Learning & Development roles. 


    Nina has a BS in Business Administration from Fairleigh Dickinson University and is affiliated with SHRM (Society of Human Resource Management).
  • Fiona Murtagh

    Head of People, Lloyds Bank Corporate Markets

    Fiona joined Lloyds Banking Group over 15 years ago and is currently Head of People. 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.

  • Théa Watkins

    Head of Branch Management

    Théa Watkins joined Lloyds Banking Group in 1995 and is currently Head of Branch Management, which is a central support team covering multiple disciplines including: internal and external communications, marketing and events, and colleague engagement.


    Her team also manages business change projects, governance of our shared service model, vendor management, and facilities management. Prior to taking on this expanded role, Théa held various business management roles at the bank, reporting to the CEO.

    Before transitioning to the support side of the business in 2012, Théa worked in various roles within the Commercial Bank in the Structured Credit Investments team, having primary responsibility for the management of the New York Student Loan asset portfolio.

    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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Lloyds Bank is a brand name of Lloyds Bank Corporate Markets plc, a company organized under the laws of England and Wales, having company registered no. 10399850. Lloyds Bank Corporate Markets plc is a member company of Lloyds Banking Group. Lloyds Securities Inc. is a member of FINRA/SIPC. © 2019 Lloyds Bank. All rights reserved.