Directorate Change

RNS Number : 5012U

Coventry Building Society

12 July 2018

 

Coventry Building Society

12 July 2018

Coventry Building Society announces that Martin Stewart will join the Board as a Non-Executive Director and Chair of the Board Risk Committee on 1 September 2018.

Martin brings wide-ranging experience of financial services from a career that includes 18 years at board level as an executive and non-executive, as well as senior roles in the building society and consultancy sectors. Over the last eight years he has led the redefinition and implementation of the UK's post-financial crisis prudential regulatory regime, initially as Head of UK Banks and Mutuals and then as Director Banks, Building Societies and Credit Unions at the Prudential Regulation Authority.

Gary Hoffman, Chair of Coventry Building Society, said:

"I am delighted to announce Martin's appointment as Non-Executive Director of Coventry Building Society. He is a leading figure in UK financial services with extensive business experience and a successful career at the UK's prudential regulator."

"He combines his deep understanding of regulatory and commercial matters with a leadership style based upon values of honesty, trust and integrity. These values are very much the values of Coventry Building Society, and are why Martin will be such a fantastic addition to our Board."

"His expertise will be invaluable as the Society continues to grow and develop for the benefit of our members."

Martin Stewart said:

"I'm very excited to join Coventry's Board. The Society stands out for its record of Putting Members First and looking after its employees, as shown recently when it became a Times Best 100 Companies to Work For 2018. I look forward to working with my Board colleagues and the Society's employees to maintain this proud record."

There are no matters requiring disclosure under UK Listing Rules 9.6.13 R (2) to 9.6.13 R (6).

Media enquiries should be directed to:

Richard Field

Head of Communications

Tel: [phone]

 

END

 

 

BOAGGUAUMUPRGCP