Directorate Change

Coventry Building Society announces changes to its Board.

Coventry Building Society has announced that Catherine Doran will leave its Board after nearly seven years' service as non-executive director. Catherine has decided to step down from the Board following the Society's Annual General Meeting on 27 April 2023 having joined in August 2016. During this time, she has applied her extensive IT and business insight to support the Society's technology transformation, as well as help guide the Society's strong and sustained performance.

To ensure the Board retains a strong transformation capability, Vanessa Murden will join the Society as non-executive director and Chair of the Board's Technology Oversight Committee on 30 January. Vanessa is currently Group Chief Operating Officer at M&G plc and has extensive financial services experience in customer service and transformation roles at organisations including Lloyds Banking Group, American Express and Travelex. She serves on the Homes England Board, where she chairs its Nomination & Remuneration Committee and Change Committee as well as sitting on its Audit and Risk committees.

David Thorburn, Chair of Coventry Building Society, said:

'I would like to thank Catherine for her excellent contribution to the work of the Society over many years. Catherine has been instrumental in leading the Board's oversight of our work to strengthen and modernize our technology infrastructure which has resulted in some critical delivery over the last 12 months and laid the foundations for another important year in 2023. We wish Catherine every success with her future plans.

I would also like to welcome Vanessa who brings a great blend of technology and transformation experience for the benefit of customers. Vanessa will provide challenge, support and oversight and I am looking forward to working with her as we apply the service, resilience and cost advantages of modern, innovative technology to an organisation that remains firmly committed to putting its members and customers first.'

Media enquiries should be directed to:

Richard Field, Head of Communications 0800 121 6868