Lloyds TSB Corporate Markets has appointed Alan Capper as managing director and head of credit strategy.

In this newly created position, Capper will be responsible for the provision of macro credit strategy research and he will also be instrumental in building a team to generate trading recommendations. 

He will report to Paul Lewitt, head of credit trading.
 
Capper has over 20 years’ financial markets experience. He led BNP Paribas’ quantitative credit research and credit strategy teams and was managing director responsible for Lehman Brothers’ European credit strategy from 2004 to 2006.

Latterly, he was head of asset allocation for LV Asset Management.
 
Lewitt says: “Alan is hugely experienced and I’m delighted he’ll spearhead the development of our capabilities in credit strategy. His expertise of the credit markets will be invaluable to our clients.”