The executive chairman of Lloyds Bank, the Portuguese António Horta Osório, regrets the “negative publicity” to the bank caused by media coverage of his personal life during the month of August, says the BBC.
my personal life is obviously a private matter, as it is for anyone. But deeply regret having been the cause of so much negative publicity and damage caused to the group’s reputation, “said the banker in a memo sent to the bank’s employees and reproduced by the BBC.
Coverage media began with the British tabloid the Sun news, indicating that Horta Osório had allegedly taken advantage of a business trip to Singapore to accompany the former adviser to Tony Blair, Wendy Piatt. The British newspaper even had access to the spending during that period.
After this news the group decided to check the cost of the banker and concluded that Horta Osório had not violated the company’s expenditure policy on the trip to Singapore. Horta Osório confirms that personal expenses were paid for it and only those relating to the travel business had been allocated to the company.
As you may have read, my expenses they were reviewed in light of speculation raised by some newspapers and the group confirmed that they were fully compatible. As expected, paid for my personal expenses while I was gone and only claimed what they were business expenses, “adds the memo.
Horta Osório was the promoter of a code of conduct bank, in 2013, addressed to all employees, appealing to a moderate behavior. In the memo recalls this attitude: “I have strongly advocated that expect the highest professional standards of all people in the bank, and that includes me too.” “I do not expect that all people get it right always. The important point is what we learn from those mistakes and decisions and actions we take later. “
The banker ends thanking the support he has received from employees and confirms that it is as committed as ever to meet the strategy the group and the objectives.
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