Directorate Change

Nationwide Building Society announces Non-Executive Director appointment

Nationwide Building Society today announces the appointment of Tamara Rajah as an independent Non-Executive Director of the Society. Tamara has significant experience in entrepreneurial ventures and technology, including as founder and CEO of award-winning global healthcare platform Live Better With. She will join the Board with effect from 1 September 2020 and will be a member of both the Board IT & Resilience and Board Risk committees.

Prior to launching Live Better With, Tamara was one of the youngest Partners at strategy firm McKinsey & Co, where she spent a decade in the healthcare practice, and led McKinsey's knowledge and client work on entrepreneurship and technology clusters in life sciences, digital and technology.

Tamara is also a Non-Executive Director at London & Partners, the Mayor of London's promotional agency and is Chair of London & Partners Ventures.

David Roberts, Society Chair, said: "It is a pleasure to welcome Tamara to the Nationwide Board. Her experience and understanding of the changes in consumer adoption of technology, together with her proven track record in entrepreneurial ventures means she will bring a valuable contribution to the Nationwide Board. Her understanding and experience of digital transformation and disruptive technologies will prove invaluable considering the direction of the Society's strategy and challenges in the retail financial services sector.

"Ensuring we have different perspectives around our Board table will strengthen our position to serve our members. Tamara's past experiences demonstrate a strong cultural alignment with Nationwide and she will contribute to the Board's independent judgment on the strategic direction of the Society. I'm looking forward to welcoming Tamara to the Board."

ENDS

Media information:

Sara Batchelor, 07785 344137, sara.batchelor@nationwide.co.uk

Jacob Cotterill, 07787277750, jacob.cotterill@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 the second largest mortgages provider in the UK. It is also a major provider of current accounts, credit cards, ISAs and personal loans. Nationwide has around 16 million customers and members.

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.