Leeds Building Society announces Board member Brendan McCafferty as next Chair of the Board of Directors

– UK, Leeds –  Leeds Building Society (LON: LBS) announced the appointment of current Non-Executive Director Brendan McCafferty as Chair of the Board of Directors effective 1st March 2025, to succeed Iain Cornish who will not seek a third term as Chair.

About Brendan McCafferty

Brendan McCafferty has been a Non-Executive Director at Leeds Building Society since September. He is a chartered management accountant with extensive financial services experience across the insurance and pensions sectors.

He is currently Chair of Nest Corporation, a position he has held since February 2022. He was previously CEO (Intermediated and Direct) at AXA Insurance UK plc and the founding CEO of Flood Re Ltd, an innovative Public Body venture between the government and the insurance industry. With more than 30 years of experience, he brings a huge amount of knowledge and strategic insight to the role.

Brendan McCafferty said: “I am honoured to be appointed to the role of Chair at Leeds Building Society. The Society has a strong heritage, a clear purpose, and is committed to putting members first. I look forward to working with the rest of the Board, Executive team, and colleagues across the Society to build on its success and ensure we remain well-positioned to serve our members.”

About Leeds Building Society

• Leeds Building Society is the UK’s fifth-largest Building Society with assets of £30bn and a total membership of 945,300 at the end of June 2024.
• We continue to do today what we were set up to do in 1875 – help people save money and buy their own homes. We operate as a mutual, developing, and innovating product range and service offer to help our members achieve their financial goals.
• We employ over 1,800 colleagues, with a head office in the center of Leeds, a customer contact center in Newcastle, and a network of 50 branches across the UK.
• Our purpose isto putg home ownership within reach of more people, generation after generation. Since 2020 we have helped over 70,000 first-time buyers join the housing ladder.
• We are committed to the orderly transition to a greener, net zero economy by 2050 and have set a second ambitious target to reduce our scope 1 and 2 location-based emissions by 60% by 2030, which aligns with the UK’s net zero commitments.
• The Society has been a Living Wage employer since 2019. The Society won the title of Best Shared Ownership Mortgage Lender in the 2024 What Mortgage Awards, its ninth consecutive year of success in this category, won “First-time Mortgage Buyers’ Choice” at the 2023 Moneyfacts Consumer Awards, and was named the winner of the “Leading With Purpose Award” at the 2023 Business Culture Awards.

For more information: https://www.leedsbuildingsociety.co.uk/