Advent names interim Lloyds TSB Registrars board

Advent International has appointed an interim advisory board for Lloyds TSB Registrars, the share registration business it agreed to buy in May 2007. Bob Thian has been named as chairman, and Rod Aldridge and Oliver Niedermaier as non-executive board members, all of whom will take up their roles pending completion, which is expected before the end of 2007 subject to regulatory approval.

The other members of the interim advisory board are James Brocklebank, Advent International – non-executive – and Peter Rutland, Advent International – non-executive. David Winton, currently Registrars’ managing director, becomes chief executive of the interim advisory board and will be chief executive of the company post completion. Two further Lloyds TSB Registrars executives will also join the board of the company upon completion.