Lloyds hires head of UK funds

In her new role, Zhao will be based in London and will report to Lloyds' global funds director Robina Barker Bennett. The funds team focuses on private equity, real estate, infrastructure and loans.

Zhao joins Lloyds from Erste, where she worked as head of its international business and risk management division since 2008. Her responsibilities included managing the market risk and liquidity risk management for the group.

Prior to joining Erste, Zhao worked at Citigroup as director of structured products from 2002-2008. She has also previously worked at Deutsche Bank and Deloitte.

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