HBOS chairman reappointed

HBOS chairman Dennis Stevenson will be reappointed for a further three years when his current term comes to an end in June 2008.

The lending giant made the annoucement on the London Stock Exchange earlier today.

Sir Ron Garrick, deputy chairman and chairman of the nominations committee, says: “We are very pleased that Dennis has accepted our invitation to renew his chairmanship with HBOS.”