Winfried Bischoff

Source: Wikipedia, the free encyclopedia.

Sir Winfried Franz Wilhelm Bischoff (10 May 1941 – 25 April 2023) was a German-born British banker who was the chairman of Lloyds Banking Group. He previously served as chairman and interim CEO of Citigroup in 2007.[1][2] He was succeeded as CEO by Vikram Pandit on 11 December 2007. Bischoff stepped down as chairman on 23 February 2009 and was replaced by Richard Parsons.[3] He had dual British and German citizenship.[4]

Bischoff was knighted in the 2000 New Year Honours for services to Banking.[5]

Early life and education

Winfried Bischoff was born in Aachen, Germany, son of import-export entrepreneur Paul Bischoff and Hildegard, née Kühn, who had been working as a nanny in London when she met her future husband.[6] Bischoff had an early education in Cologne and Düsseldorf. In 1955, he moved to Johannesburg where he received a Bachelor of Commerce degree at the University of the Witwatersrand in 1961.[7]

Career

Bischoff worked in the International Department of

Smith Barney subsidiary.[9]

Bischoff joined Citi as chairman of Citigroup Europe and was a member of The Operating Committee of Citigroup Inc., a position he held until appointed chairman in November 2007. He was a non-executive director at

]

On 27 July 2009, he was appointed chairman designate of Lloyds Banking Group and took up the position of chairman on 15 September 2009. He held this position until his retirement on 3 April 2014.[10]

Between May 2014 and October 2019 he was chairman of the UK Financial Reporting Council.[11]

Bischoff was a member of the

FTSE-100 chairmen committed to having at least 30% of their board members being female.[12]

Personal life and death

Bischoff died on 25 April 2023, at age 81.[13]

References

  1. ^ "Sir Win Bischoff". Citigroup. Retrieved 11 December 2007.
  2. ^ "Responsible Finance". citigroup.com. Retrieved 17 November 2017.
  3. ^ Seib, Christine (22 January 2009). "Sir Win Bischoff to leave early from chairmanship of Citigroup". The Times. London. Retrieved 22 January 2009.
  4. ^ "Sir Win Bischoff – who he?". Financial Times. 5 November 2007.
  5. ^ "No. 55710". The London Gazette (Supplement). 30 December 1999. p. 1.
  6. ISSN 0140-0460
    . Retrieved 21 August 2023.
  7. ^ "Bischoff an unknown quantity as Citi chairman". Reuters. 12 December 2007. Retrieved 9 March 2023.
  8. ^ forum.europe.com SUSTAINABLE FINANCIAL MARKETS FOR EUROPEAN CITIZENS IN A GLOBAL ERA - Retrieved November 26, 2007
  9. ^ Citigroup boss banks on his 'foot soldiers' - The Times, 17 September 2006.
  10. ^ "Lloyds Banking Group PLC: Lord Blackwell appointed as Chairman". lloydsbankinggroup.com. 2 December 2013.
  11. ^ "Sir Win Bischoff: City legend hangs up his bowler hat". MoneyWeek.com. Retrieved 22 June 2020.
  12. ^ "Members – 30 Percent Club". 30percentclub.org.uk. Retrieved 7 January 2023.
  13. ^ Morris, Stephen (26 April 2023). "Win Bischoff, veteran City of London banker, dies aged 81 after a short illness". Financial Times. Retrieved 23 April 2023.

External links

Business positions
Preceded by Chairman of Lloyds Banking Group
2009–2014
Succeeded by
Preceded by CEO of Citigroup
November – December 2007
Succeeded by
Preceded by
Chairman of Citigroup

2007–2009
Succeeded by