Sir Winfried Franz Wilhelm Bischoff (10 May 1941 – 25 April 2023) was a German-born British banker who was the chairman of Lloyds Banking Group. He previously served as chairman and interim CEO of Citigroup in 2007.[1][2] He was succeeded as CEO by Vikram Pandit on 11 December 2007. Bischoff stepped down as chairman on 23 February 2009 and was replaced by Richard Parsons.[3] He had dual British and German citizenship.[4]
Bischoff worked in the International Department of Chase Manhattan Bank from 1962 to 1963.[8] He joined J. Henry Schroder & Co. Limited in London in 1966 in its Company Finance Division. In 1971, he became managing director of Schroders Asia Limited in Hong Kong. He became group chief executive of Schroders plc in December 1984, when Schroders was worth £30 million. He became chairman in May 1995. In 2000, the investment banking division of the company was acquired for £1.3 billion by Citi through its Smith Barney subsidiary.[9]
On 27 July 2009, he was appointed chairman designate of Lloyds Banking Group and took up the position of chairman on 15 September 2009. He held this position until his retirement on 3 April 2014.[10]
