It doesn’t surprise me that Sir Victor Blank has landed a job advising the government on business.
Sir Victor, the former chairman of Lloyds, may have been essentially forced out of Lloyds when UK Financial Investments, Lloyds’ biggest shareholder, suggested that it would not support his re-election at the bank’s annual meeting, but he certainly has the credentials needed to help the British economy. In fact, Sir Victor, who until the controversial HBOS deal, had a successful career, chairing companies including Trinity Mirror, the newspaper publisher, and GUS, the former owner of Argos and Experian, is one of the most accomplished and dignified businessmen I have met.
Sky News City editor Mark Kleinman broke the news. He blogs about it here.