Sirisha Voruganti appointed MD & CEO of Lloyds Banking Group’s Technology Centre in India: Sirisha Voruganti, the chief executive officer and managing director of Lloyds Banking Group’s new Lloyds Technology Centre in Hyderabad, India, has been appointed as the chief executive officer and managing director of the new Lloyds Technology Centre.Voruganti, a globally renowned technology and innovation leader joins from JCPenney, where she has served as the managing director and member of the Board for JCPenney in India.
Daily Current Affairs Quiz: July 2023
Voruganti brings extensive experience in IT architecture, data engineering, and fintech innovation and has held several senior technology positions in multiple global firms. She was the first woman Managing Director for JP Morgan Chase in Technology in India and has served as an Executive Vice President of Architecture, Data and Shared Services for Mastercard. The Lloyds Technology Centre is part of the Group’s three-year, $3 billion strategic investment to improve its digital offering.
About the Lloyds Banking Group
Lloyds Banking Group is a British financial institution formed through the acquisition of HBOS by Lloyds TSB in 2009. It is one of the UK’s largest financial services organisations, with 30 million customers and 65,000 employees. Lloyds Bank was formed in 1765, while the Group’s history dates back almost 320 years, to the establishment of the Bank of Scotland by the Parliament of Scotland in 1695.
Lloyds Banking Group is listed on the London Stock Exchange (LSE) and is a constituent of the FTSE 100 Index. It had a market capitalisation of approximately £30.65 billion as of 1 August 2022, the 19th-largest of any LSE listed company and has a secondary listing on the New York Stock Exchange in the form of American depositary receipts.
Important takeaways for all competitive exams:
- Lloyds Banking Group Headquarters: Edinburgh, United Kingdom;
- Lloyds Banking Group chairman: Robin Budenberg;
- Lloyds Banking Group Founded: 19 January 2009.
