Nationwide Building Society
13
November 2024
Directorate change
Nationwide Building Society (the "Society") announces Board
changes
Nationwide Building Society is
pleased to announce the appointment of David Bennett as a
Non-Executive Director of the Society with effect from 13 November
2024.
David is an experienced Board Chair
and Non-Executive Director. He has extensive experience of retail
banking, strategy, risk management, corporate activity and
organisation, operational and structural change gained from his
long career in financial services. He has been Board Chair of
Virgin Money UK PLC since May 2020, and prior to that was Deputy
Board Chair since 2015. He is also Chairman of Allfunds Group plc,
Non-Executive Director of PayPal (Europe) S.a.r.l et CIE, S.C.A and
PayPal Digital Inc, Chairman of PayPal UK Ltd and Non-Executive
Board member of the Department for Work and Pensions.
His extensive business career
includes time as Group Finance Director of Alliance & Leicester
plc for six years before becoming its Group Chief Executive.
Following the acquisition of Alliance & Leicester plc by Banco
Santander he was Executive Director on the Board of Abbey National
plc.
David Bennett
said: "I am delighted to be joining the
Nationwide Board and look forward to working across Nationwide and
Virgin Money."
Kevin Parry OBE, Chairman,
said: "I am delighted to welcome David to
the Board of Nationwide and look forward to him bringing his broad
banking experience to our deliberations."
ENDS
Media information:
Sara Batchelor, 07785
344137, sara.batchelor@nationwide.co.uk
About Nationwide Building Society
Nationwide is the world's largest
building society as well as one of the largest savings and
mortgages providers in the UK. It is also a major provider of
current accounts, credit cards, ISAs and personal loans. Nationwide
has around 16 million customers and
members.
Customers can manage their finances
in a branch, via the mobile app, on the telephone, internet and
post. The Society has around 18,000 employees. Nationwide's head
office is in Swindon with administration centres based in
Northampton, Bournemouth and Dunfermline. The
Society also has a number of call centres across the
UK.