Fleuti to head infra at Lloyds

Lloyds Bank Commercial Banking has unveiled Guillaume Fleuti as head of infrastructure and energy.

Fleuti will lead a team of approximately 20 infrastructure and energy specialists and will report to Simon Allocca, a managing director and head of loan markets.

An internal hire, Fleuti was previously in Lloyds’ corporate debt capital markets team, where he played a role in building up the bank’s capability in that area.

Altogether, Fleuti has spent just over four years at Lloyds having previously been a vice president of debt capital markets at Goldman Sachs and an associate director of debt capital markets at UBS Investment Bank.

In a statement, Allocca said Lloyds had lent more than £750 million to UK infrastructure initiatives during 2012 and that the bank was “fully committed to remaining at the forefront of the provision of financial services to the infrastructure and project finance sector”.

Lloyds was given a £20.3 billion government bailout at the height of the financial crisis but, after a period of losses, returned to profit in the first six months of this year. The government currently has a 39 percent stake in the bank which it recently said it was in “no rush” to sell.