– UK, Swindon – Nationwide Building Society (LON: NBS) today announced the appointment of Alan Keir to its Board as an Independent Non-Executive Director.
“It is a pleasure to welcome Alan to the Nationwide Board. Alan’s appointment will broaden the banking experience on the Nationwide Board, and he has first-hand experience of the risks to be managed and the opportunities in the UK. I anticipate his strategic insights and wide experiences of different business models will contribute to enhancing the service that we provide to our members.” said Board Chairman, Kevin Parry OBE.
The society also confirmed the resignation of Tim Tookey from the Board at the AGM in July 2022.
Alan Keir should assume the role of Board Risk Committee Chair in July 2022.
About Alan Keir
Alan Keir is an experienced banker, who was previously Group Managing Director and CEO of EMEA at HSBC, where he led the operations in 30 countries including the UK home market. He currently serves as a NED on the boards of Majid Al Futtaim and Sumitomo Mitsui Banking Corporation. He was previously a NED at HSBC Bank UK plc. He will join the Board with effect from 1 March 2022.
About Nationwide Building Society
Nationwide is the world’s largest building society. It is owned by its 16 million members and exists to serve their needs. The Society is one of the UK’s largest providers for mortgages, savings, and current accounts, as well as being a major provider of ISAs, credit cards, personal loans, insurance, and investments.
As a mutual organization, Nationwide Building Society uses its unique position to help build a society by making a positive difference in the lives of its members and the communities in which they live. It is why Nationwide still values a branch network, supports communities through charitable grants, and places a premium on helping people thrive financially – whether helping them into a home of their own or giving them the financial support they need. Taking a stand and making a difference is what sets Nationwide apart. None of which would be possible without the dedicated service of its 18,000 employees.
Over the last five years, the Society has grown its membership by nearly 2 million members to over 16 million and returned nearly £3billion in member financial benefit. It has also grown its stock of residential mortgages by £28billion and in 2020 the Society hit its long-term target of holding 10 percent of UK current accounts. Nationwide has remained first amongst its peer group for customer satisfaction for 9 successive years.
For more information: https://www.nationwide.co.uk/
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