The early favourite for the Lloyds chairmanship? Probably Paul Tucker, deputy governor of the Bank of England. He's got the political clout and the market nous and, obviously, would have the confidence of the regulators.
Whether Tucker would want the job is another matter, of course. But, if he wants to be a runner for Bank governor next time around, he's probably best advised to take a big, frontline job outside Threadneedle Street for five years. Chairing the UK's biggest retail bank, and overseeing the state's sale of its stake, might be a smart move. In Lloyds' shoes, you'd get the call in early and test Tucker's mood.
