Principality Building Society CEO Announcement (8565Q)
24 Juin 2020 - 10:00AM
UK Regulatory
TIDM10AI
RNS Number : 8565Q
Principality Building Society
24 June 2020
For release 9am Wednesday, 24th June 2020
Principality Building Society Announces New Chief Executive
Officer
Principality Building Society has announced the appointment of
Julie-Ann Haines as Chief Executive Officer (CEO), subject to
regulatory approval.
Julie-Ann, who joined the Society as Head of Strategy and
E-Channels in 2007, is currently the Chief Customer Officer. She
has more than 20 years' corporate experience in retail and
financial services. In her current role she has been responsible
for all aspects of customer service and has played a key role in
shaping the strategy and future transformation of the Society.
Interim CEO, Mike Jones, will continue in his role until
Julie-Ann is officially approved by the financial regulators, which
can take up to three months.
Principality Chairman, Laurie Adams, said: "After a rigorous
selection process, I am delighted to announce Julie-Ann as our new
CEO subject to regulatory approval. Her commitment to our mutual
values for more than a decade, in which she has shown strong
leadership, financial and commercial acumen in helping to double
our assets to more than GBP10bn, will help ensure she builds on the
Society's success.
"During her time at Principality Building Society, she has
played an important role in ensuring our Members have received
outstanding customer experience, and especially during these
difficult times of the COVID-19 pandemic. She has played a key role
in leading our transformation strategy and is the right person to
ensure we continue to deliver long term value and excellent service
to both existing and future members.
" I would like to take this opportunity to thank our Interim CEO
Mike Jones, for helping to steer this business through very testing
times, and who continues in post until Julie-Ann receives
regulatory approval."
Julie-Ann said: "It is a great honour and privilege to be
appointed as CEO of Principality Building Society which has a
fantastic heritage of 160 years as a member-owned organisation. As
leader of our purpose-led organisation, my priority will be to
build on our solid foundations and continue to invest in the
business especially in these challenging times. It is vital we have
a building society that is relevant for current and future members,
customers and commercial partners.
"I have a clear vision of where I want the Society to be,
driving us forward to deliver the ongoing changes we need to stay
relevant and successful . We are a safe home for our Members but we
plan to do much more to improve on the brilliant customer
experience they are used to receiving.
"Our Members need our support more than ever, to help them stay
in their homes for longer and protect their savings. Our dedicated
colleagues throughout the Society have been brilliant at helping
our communities throughout the COVID-19 crisis. It is this kind of
support and compassion which make us stand out as a great business
here in Wales and the borders.
" I look forward to taking the Society from strength to
strength, whilst delivering on behalf of our Members and
colleagues."
Ends
Notes to Editors
Principality
-- Formed in 1860, Principality is Wales's largest building society.
-- The Society is committed to supporting the communities of
Wales, with 53 branches and 17 agencies in Wales and the
borders.
-- Principality is the 6th largest building society in the UK.
-- The Society has assets of GBP10.4 billion.
-- Principality is committed to remaining a mutual organisation.
-- www.principality.co.uk
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END
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