Ed Thurman will replace Adrian Walker as Lloyds Bank’s managing director of global transaction banking (GTB).

Thurman is currently managing director of the commercial banking division’s financial institutions (FI) business. He joined Lloyds in 2008, before which he worked at Bear Stearns, ABN Amro and McKinsey & Co.

Robina Barker Bennett, who is currently audit director for commercial banking, will replace Thurman as the head of FI. She joined Lloyds in 2009 and led the FI division in North America between 2013 and 2016. She has previously held senior roles at Bank of Scotland, CIBC World Markets and Enron, among others.

The changes follow the appointment of Adrian Walker, the current managing director of GTB, as investment management director in the group transformation division for the bank.

All three will start in their new roles on November 1.

Commenting on the appointments, David Oldfield, group director of commercial banking, says: “Ed’s stewardship of the FI business has helped it achieve significant growth in a very competitive sector, and he will be a real asset to GTB, building on Adrian’s successful transformation of the business.”