Lloyds Banking Group plc announced the appointment of two Non-Executive Directors, Sarah Legg and Catherine Woods. Sarah Legg, who will join the Board on 1 December 2019, was Group Financial Controller of HSBC until earlier this year, and previously CFO for HSBC's Asia Pacific region. Sarah will join the Board's Audit and Risk Committees. Catherine Woods will join the Board on 1 March 2020 after retiring as Deputy Chairman and Senior Independent Director of Allied Irish Bank in October 2019. Catherine will join the Board's Risk and Remuneration Committees. As with other Group NEDs, both will also serve as Non-Executive Directors of the Group's Ring-Fenced Bank Boards. Anita Frew will have served 9 years as a Non-Executive Director in December 2019, and accordingly plans to step down as Senior Independent Director in December and retire as Deputy Chairman and Non-Executive Director at the AGM in May 2020. Alan Dickinson will succeed Anita as Senior Independent Director as of 1 December 2019, and will also take on the role of Deputy Chairman following Anita's retirement from the Board. Lord Blackwell will have served 9 years on the Group Board in 2021, and accordingly plans to retire as Group Chairman at or before the AGM in 2021. The Board will therefore initiate a search process early next year once the new Senior Independent Director is in place to allow time to identify his successor and enable an orderly handover. The Group has also made a separate announcement that Juan Colombás, its Chief Operating Officer and an Executive Director, plans to retire from the Group and the Board in July 2020.