Lloyds has made a junior appointment to its TMT practice, adding Michael Bond as mid-markets relationship director. He moves over from the bank’s education, communities and government team and is charged with growing Lloyds’ portfolio of TMT clients with a turnover of between £25m (US$38m) and £100m (US$151m).
Michael Bond has joined Lloyds Bank’s TMT practice to grow its portfolio of clients with a turnover between £25m (US$38m) and £100m (US$151m).
Appointed mid-markets relationship director, Bond moves over from Lloyds’ education, communities and government group.
Lloyds’ TMT practice provides client advice on risk management, financing, working capital and liquidity.
Commenting on Bond’s promotion, Simon Bumfrey, area director at the bank’s TMT team in London, said: “Michael has shown himself able to shape the funding structure that is most appropriate for each individual customer, enabling them to fulfil their ambitions and evolve without putting undue stress on the balance sheet now or further down the track.”
Bond’s appointment comes just weeks before Lloyds’ global head of TMT corporate banking Richard Price leaves to join Mitsubishi UFJ.
Price is set to take the newly-created role of managing director of TMT in the Japanese group’s London office on 1 December after eight years with Lloyds.