Lloyds Bank has appointed Benjamin Weland, a managing director in its Corporate and Institutional Coverage (CIC) segment, to head up its team supporting larger businesses in the healthcare and telecoms, media and technology (TMT) sectors.
Weland has been with Lloyds Bank since 2019 and previously worked in Barclays’ UK Corporate Finance and M&A team as well as debt advisory.
He joins the leadership team of CIC, which supports businesses with annual revenues of over £100m, succeeding Annabel Finlay, who has been appointed Lloyds Bank’s head of food, drink and leisure.
Commenting on is new role, Weland said: ‘Just over a year after the Covid-19 pandemic reached the UK, we all appreciate the importance of the services provided by businesses in the healthcare and TMT sectors. Our clients have been at the forefront of supporting the NHS and vaccine development, and have been responsible for the digital infrastructure that has enabled the UK to continue operating through lockdowns.
‘I take great pride in the fact that Lloyds Bank is one of the leading funders of these vital sectors. In heading up our team I’ll be focusing on ensuring we continue to provide the financing and risk management options our clients need to fulfil their crucial roles as Britain seeks to build back better during 2021.’