He will develop the bank’s strategy in the territory and manage relationships with government and regulatory bodies, reporting to Richard Musty, director of private banking and Lloyds TSB International.
Farley, who has 15 years of international banking experience, joined Lloyds in 2008 following several years with Barclays Bank.
He has since worked in private banking in Asia, Geneva and the US.
This appointment follows Lloyds’ decision is to sell all of its retail banking operations in Spain, including Lloyds Banking International Spain and Lloyds Investment Espana, to local company Banco Sabadell. To read more about this story, click here.