Lloyds group appoints new Scottish Widows chair

Danuta Gray

Edinburgh-registered Lloyds Banking Group (LBG) — owner of Bank of Scotland, Scottish Widows and Halifax — announced the appointment of Danuta Gray as a non-executive director of the Group and a member of its responsible business committee and as chair and a non-executive director of Scottish Widows Group, with effect from July 1, 2026.

Gray is currently chair of East Yorkshire-based FTSE 100 speciality chemicals giant Croda International and a non-executive director and chair of the remuneration committee at Burberry Group.

“Danuta has significant financial services and insurance board experience, having chaired Direct Line Insurance Group plc from 2020 to 2025 and having served as a non-executive director of Aldermore Bank plc from 2014 to 2021, which included periods as Senior Independent Director and Interim Chair,” said LBG.

“Danuta has also been Chair and a Non-Executive Director of St Modwen Properties plc. 

“Prior to her non-executive career, Danuta worked as an executive in the telecommunications sector where she held positions including Chief Executive Officer of Telefonica O2 Ireland and an Executive Board member of O2 plc.”

LBG chair Robin Budenberg said: “Danuta is a very experienced non-executive director and chair who will bring extensive knowledge and experience of banking and insurance to her roles with the Group. 

“She also has a track record of growing customer-focused and technology businesses. I look forward to welcoming her to the Group.”.