The electrons in a conductor do not fully dissociate and produce positive ions throughout the conductor's volume in response to an external electric field.
Instead, they experience a force due to the field and shift slightly within the lattice. This shift results in a slight separation of positive and negative charges within the conductor, creating an electric potential difference. However, the electrons remain within the conductor, and the material as a whole remains electrically neutral.
So, the charges redistribute in a way that neutralizes the external field within the conductor, resulting in a net electric field of zero inside the conductor.
From "Electricity and Magnetism" by Duffin 1980, Section 3.8:
"[For a conductor isolated in an external electric field (see figure below)], as soon as E is established, one part of the conductor is at a higher potential than another and any free positive charges will move in the direction of E (and any negative charges in the opposite direction). Whatever the sign of the moving charges, the result is the same: charges reach the surface of the conductor and can go no further. They collect and produce a field within the conductor which opposes the applied field. This process continues until within the material, there is no resultant field. Static condition will then again prevail."