Horta-Osório set out fresh targets to expand Lloyds' insurance and wealth business and further cut costs in February, but has left formulating a longer term strategy to his successor Nunn.
Horta-Osório is leaving Lloyds after a decade running the bank to stand for election as chairman of Credit Suisse in April, with HSBC executive Charlie Nunn set to replace him on August 16.
The mid-cap FTSE 250 index, considered a barometer of Brexit sentiment, rose 0.1%, ahead of a vote by British lawmakers on the UK-EU trade deal later in the day.
Lloyds had shelved the 56 branch closures earlier in the COVID-19 pandemic to focus resources on helping staff.
We paused these closures due to the COVID-19 pandemic and, after careful consideration, these planned closures will take place in March and April 2021.