DIRECTORATE CHANGES AT LEEDS BUILDING SOCIETY
Gareth Hoskin will retire from the Leeds Building Society Board with effect from 31 March 2025, after over 9 years on the Board. Following his retirement Annette Barnes, the current Chair of the Remuneration Committee, will (subject to regulatory approval) become the Senior Independent Non-Executive Director with effect from 1 April 2025. Farah Buckley who joined the Society as a Non-Executive Director in April 2023, will (subject to regulatory approval), be appointed as the Chair to the Audit Committee and Whistleblowing Champion with effect from 1 April 2025.
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About Leeds Building Society
· Leeds Building Society is the UK's fifth-largest Building Society with assets of £30bn and a total membership of 945,300 as at the end of June 2024.
· We continue to do today what we were set up to do in 1875 - help people save money and buy their own home. We operate as a mutual, developing and innovating our product range and service offer to help our members achieve their financial goals.
· We employ over 1,800 colleagues, with a head office in the centre of Leeds, a customer contact centre in Newcastle and a network of 50 branches across the UK.
· Our purpose is putting home ownership within reach of more people, generation after generation. Since 2020 we have helped over 70,000 first time buyers join the housing ladder.
· We are committed to the orderly transition to a greener, net zero economy by 2050 and have set a second ambitious target to reduce our scope 1 and 2 location-based emissions by 60% by 2030, which aligns with the UK's net zero commitments.
· The Society has been a Living Wage employer since 2019. The Society won the title of Best Shared Ownership Mortgage Lender in the 2024 What Mortgage Awards, its ninth consecutive year of success in this category, won "First time Mortgage Buyers' Choice" at the 2023 Moneyfacts Consumer Awards, and was named as the winner of the "Leading With Purpose Award" at the 2023 Business Culture Awards.
· For more on what we do and how we help our members, visit Leeds Building Society