Lloyds Banking Group has named Rachel Osikoya director of diversity, equity and inclusion (DE&I).
With more than 20 years’ experience in culture, diversity and inclusion, Osikoya will be responsible for driving the group’s strategic DE&I agenda and will build a multi-year plan to further embed DE&I for employees, customers and communities. She will report to the chief people and places officer and work closely with the executive team and board directors.
Most recently, Osikoya led a global team to deliver a transformative DE&I strategy to more than 25,000 employees in 70 countries at the London Stock Exchange. Prior to this, she was the global head of diversity and inclusion for Maersk, where she developed a strategy that aimed to empower workers to own a D&I agenda to drive greater accountability.
She has also held roles at Standard Bank, Barclays Capital, BT and as a lay member of the Equality and Diversity Committee for the Bar Standards Board.
Osikoya said: “Lloyds Banking Group holds a unique and prominent position in the UK, and I’m thrilled to join such a purpose-driven organisation that places inclusion at the heart of its values. I am looking forward to working alongside the team to drive forward the group’s progressive DEI strategy and truly champion diversity across the organisation.”
Sharon Doherty, chief people and places officer at Lloyds Banking Group, added: “I’m extremely pleased to welcome Rachel to the team. As a highly experienced leader, Rachel will be integral to bringing to life our DE&I ambitions as we strive to create a fully inclusive environment for our colleagues and communities across the UK.”