Lloyds TSB International Private Banking has appointed Virginie Raux as the new country manager for its Luxembourg office. Ms Raux joins...

Lloyds TSB International Private Banking has appointed Virginie Raux as the new country manager for its Luxembourg office.

Ms Raux joins IPB following nine years with Lloyds TSB in a number of strategy, business development and line management executive posts in London, Paris and Hong Kong. In the past two years, Ms Raux has led Lloyds TSB Offshore (Channel Islands)’s International Services strategy.

Ms Raux’s key role will be to lead the Luxembourg team and grow IPB’s private banking business there.

Lloyds IPB is on, what it terms, an accelerated growth path and aims to triple its business by 2009 by opening new branches across the globe and by recruiting high calibre individuals across the business.