Directorate Change

Nationwide Building Society

01 October 2024

 

Nationwide Building Society 

1 October 2024

Nationwide Building Society (the "Society") announces Board changes

Nationwide Building Society is pleased to announce the appointment of Anand Aithal as an independent Non-Executive Director of the Society.

Anand Aithal holds over 30 years of experience across financial, business, government and professional services. Anand is currently an Independent Non-Executive Director on the Board of directors at Saga plc and Polar Capital Holdings plc. He is also a Trustee of the Institute for Government and a non-executive advisor to the Association of Certified Chartered Accountants. Previously Anand was the Lead Non-Executive Board Member for the Cabinet Office until August 2024. Prior to his non-executive career, Anand was a Managing Director at Goldman Sachs before starting his own firm which was a pioneering provider of data analytical services. He will join the Nationwide Board and will be a member of the Audit Committee and Board Risk Committee with effect from 1 October 2024.

Anand Aithal said: "I am delighted to be joining Nationwide, the UK's largest building society, particularly at this exciting time following the completion of the Virgin Money acquisition. I look forward to working with colleagues as Nationwide continues its ongoing strong financial position and deliver further value to customers and members through its products and services".

Kevin Parry OBE, Chairman, said: "It is a pleasure to welcome Anand Aithal to Nationwide. His experience across financial, business and professional services makes Anand a welcome addition to the Nationwide Board."

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Contacts:

Media Queries:

Sara Batchelor, 07785 344137, [e-mail]

Investor Queries:

Sarah Abercrombie, 07587 886500, [e-mail]

About Nationwide Building Society

Nationwide is the world's largest building society, with over 17 million customers, 16 million of whom have a current account, mortgage or savings product, and are therefore members of the Society. Nationwide is owned by its members and focuses on providing banking products and services to its customers. Nationwide has over 18,000 employees, including those based in its headquarters in Swindon, and those working in its network of over 600 branches across the UK.

 

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