Lloyds trims CIO
Lloyds International is searching for a new chief information officer. The Australian arm of Lloyds Banking Group terminated the employment of Greg Hitchens yesterday morning.Hitchens was due to lead an afternoon off-site for many IT staff yesterday. His temporary replacement, Michael Coglan, the head of change at Lloyds, filled that role yesterday.Lloyds is looking to trim the scope of its Australian operations - a process referred to by management as consolidation - as the bank helps to meet the group's wider goals of reducing its offshore activities.