Last checked at 26 May 2023 07:00
Nationwide Building Society
26 May 2023
Directorate change
Nationwide Building Society (the "Society") announces Board changes
Nationwide Building Society is pleased to announce the appointment of Sally Orton as an independent Non-Executive Director of the Society.
Sally Orton is a dual qualified chartered accountant in Australia and the UK, with a career spanning 30 years in financial services and professional services, bringing to the Board expertise in audit, regulation and finance. Sally is currently Group Chief Financial Officer (CFO) at GAM Holding AG and has previously held CFO roles at LCH Ltd (part of the London Stock Exchange Group) and Howden Broking Group. Sally started her career at KPMG in Australia, moving to London in 1997 to join the Banking and Capital Markets industry groups of PwC and then EY. She will join the Nationwide Board and will be a member of the Audit Committee with effect from 1 June 2023.
Nationwide also confirms that Gunn Waersted, the Board's Senior Independent Director, will retire from the Society at the AGM in July 2023. Subject to regulatory approval, Tracey Graham will assume the role of the Senior Independent Director from Gunn Waersted in July 2023.
As previously reported on 28 September 2022, Mai Fyfield will also retire from the Board at the 2023 AGM.
Sally Orton said: "I am delighted to be joining Nationwide, the UK's largest building society. Under its mutual ownership model Nationwide is driven by clear social purpose, focused on making a positive difference for members and customers, communities and society as a whole. I look forward to working with colleagues as Nationwide continues to deliver on its purpose and strengthen its market leading position."
Kevin Parry OBE, Chairman, said:
"It is a pleasure to welcome Sally to Nationwide. Her financial services, audit and regulatory experience and banking knowledge will make Sally a welcome addition to the Nationwide Board. I also thank Mai and Gunn for their contributions to the Society. Their wisdom and insight has been greatly appreciated."
ENDS
Media Information:
Sara Batchelor, Head of Media Relations.
Tel: 07785 344137
Email: Sara.batchelor@nationwide.co.uk
Investor information:
Sarah Abercrombie, Head of Investor Relations and Credit Ratings
Tel: 07587 886500
Email: Sarah.Abercrombie@nationwide.co.uk
About Nationwide Building Society
Nationwide is the world's largest building society as well as one of the largest savings providers and a top-three provider of mortgages in the UK. It is also a major provider of current accounts, credit cards, ISAs and personal loans. Nationwide has around 16 million customers.
Customers can manage their finances in a branch, via the mobile app, on the telephone, internet and post. The Society has around 18,000 employees. Nationwide's head office is in Swindon with administration centres based in Northampton, Bournemouth and Dunfermline. The Society also has a number of call centres across the UK.