Eric Daniels

John Eric Daniels (born August 14, 1951) is an American banker, and the former chief executive officer (CEO) of Lloyds Banking Group.

He was born in Dillon, Montana, the son of a German university professor and a Chinese mother, who met at the University of California, Berkeley. He went to high school in New Jersey. He received a bachelor's degree in History at Cornell University in Ithaca, New York graduating in 1973, then a master's degree in Management at the MIT Sloan School of Management in Cambridge, Massachusetts leaving in 1975.

He worked with Citibank from 1975, based in Panama for five years, then worked in Argentina and Chile. In the late 1980s, he spent three years in London. He became chief operating officer of Citibank Consumer Bank in 1998. Citibank and Travelers merged in 1998 and he became chairman and CEO of Travelers Life and Annuity. From 2000 he was chairman and CEO of Zona Financiera, a small short-lived internet startup company, which failed in 2001. He joined Lloyds TSB in 2001 as head of retail banking. He became CEO of Lloyds TSB in June 2003, and of Lloyds Banking Group in January 2009 after the merger with HBOS. He built a reputation for being quietly spoken, thoughtful and not prone to superlatives - what many would describe as excellent, he would say was "pleasing". On 20 September 2010 it was announced that he would be retiring as Chief Executive of Lloyds.

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