George Booth, Lloyds Banking Group
George Booth
Chief Procurement Officer
Lloyds Banking Group

George is the chief procurement officer for Lloyds Banking Group. He has 30 years’ business experience gained in the global high-tech manufacturing and financial services industries, specialising in sourcing, supply chain management, sustainability, supplier assurance, risk management and mergers and acquisitions. George is a transformational business leader who is commercially astute and customer focused, with a track record of building high performing and diverse teams to design, develop and deliver business strategies for benchmark results. He is a strong believer in talent progression, diversity and lifelong learning being at the heart of business success. He leads a team of more than 300 colleagues based in the United Kingdom and manages an annual cash supplier expenditure of c.£6 billion across more than 3,000 active suppliers. The team secures value for the Group, mitigates and manages wide-ranging risks, ensures first-mover advantage on technology innovation, and delivers sustainable sourcing across all categories of spend. With a passion for the sourcing profession and the opportunities it provides, George is highly energised by his role and works with amazingly talented people to solve some of the most vexing challenges. George is the deputy chair of the Lloyds Banking Group Scottish Executive Committee and a regional sponsor for the School of Social Entrepreneurs, a key community programme for the Group. He lives in Scotland with his wife, two children and dog.