Sergeant leaves Lloyds; mooted for regulatory role
Staunch advocate for the use of insurance as a hedge for op risk exposure Carol Sergeant announces she will leave Lloyds Banking Group in January.
Carol Sergeant, chief risk officer at Lloyds Banking Group, has announced she will leave the bank at the end of January to "pursue other interests". In the cover profile of the June 2008 issue of OpRisk & Compliance, Sergeant advocated the use of insurance to hedge operational risk exposure and spearheaded the drive to get UK banks using insurance products to add real value to the firm as well as qualifying for a discount on their op risk capital.
In a statement Sergeant said: "I am very proud
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