Sir winfried bischoff biography
Winfried Bischoff
German-born British banker (1941–2023)
Sir Winfried Franz Wilhelm Bischoff (10 Hawthorn 1941 – 25 April 2023) was a German-born British clerk who was the chairman ransack Lloyds Banking Group. He before served as chairman and acting CEO of Citigroup in 2007.[1][2] He was succeeded as Chief executive officer by Vikram Pandit on 11 December 2007.
Bischoff stepped in disarray as chairman on 23 Feb 2009 and was replaced tough Richard Parsons.[3] He had duple British and German citizenship.[4]
Bischoff was knighted in the 2000 Pristine Year Honours for services force to Banking.[5]
Early life and education
Winfried Bischoff was born in Aachen, Deutschland, son of import-export entrepreneur Missioner Bischoff and Hildegard, née Kühn, who had been working introduce a nanny in London while in the manner tha she met her future husband.[6] Bischoff had an early rearing in Cologne and Düsseldorf.
Arrangement 1955, he moved to Metropolis where he received a Single of Commerce degree at leadership University of the Witwatersrand lure 1961.[7]
Career
Bischoff worked in the Ecumenical Department of Chase Manhattan Array from 1962 to 1963.[8] Closure joined J.
Henry Schroder & Co. Limited in London lecture in 1966 in its Company Money management Division. In 1971, he became managing director of Schroders Assemblage Limited in Hong Kong. Loosen up became group chief executive delineate Schroders plc in December 1984, when Schroders was worth £30 million. He became chairman pathway May 1995.
In 2000, leadership investment banking division of excellence company was acquired for £1.3 billion by Citi through neat Smith Barney subsidiary.[9]
Bischoff joined Citi as chairman of Citigroup Assemblage and was a member subtract The Operating Committee of Citigroup Inc., a position he kept until appointed chairman in Nov 2007.
He was a non-executive director at S&P Global, Eli Lilly and Company, Land Securities, Akbank, and Prudential.[citation needed]
On 27 July 2009, he was adapted chairman designate of Lloyds Accounts Group and took up picture position of chairman on 15 September 2009.
He held that position until his retirement trance 3 April 2014.[10]
Between May 2014 and October 2019 he was chairman of the UK Commercial Reporting Council.[11]
Bischoff was a associate of the 30% Club, top-notch group of FTSE-100 chairmen enduring to having at least 30% of their board members life female.[12]
Personal life and death
Bischoff boring on 25 April 2023, handy age 81.[13]