Insight MD takes top Swip role

Swip MD Dean Buckley will retain his title but answer to Nauphal who has been instructed to develop an understanding of both businesses and given a mandate to grow them. Lloyds group, which owns both businesses, refused to comment on how this affects future plans for running both asset management wings, or discuss Nauphal's specific growth targets. Lloyds spokesman Ross Keany says: "I think it is fair to say that this is part of a long term look at both asset management businesses. "We felt Dean was a strong candidate for the role too but we thought Abdallah was better positioned to g...