Lloyds Bank’s commercial banking division has unveiled a new structure for its commercial real estate business.
The restructuring, to start in April, follows the merger of the mid-markets and global corporate real estate teams in the summer of 2014. The new structure consists of six specialisations.
The institutional client team will now be led by Madeleine McDougall, who joined the bank from Deutsche Pfandbriefe in November last year.
A new developers team has been set up specifically for large-scale developments. This business will be headed by Graeme Alfille-Cook, who was previously with the bank’s global corporates business as a relationship director.
The listed clients team will support listed property companies across all of the bank’s product areas and will be headed by Richard Heath., formerly Lloyds’ head of relationship management.
Family offices and other large-scale private client businesses will be overseen by the major privates broup headed by Gabrielle Berring.
Other private client business will be handled by the private real estate corporates team headed by Marty Green, who previously headed the bank’s mid-markets commercial real estate team.
The international team will continue to be headed by Pierre Gervasi based in the Paris office.
John Feeney continues to head the overall global business.
