Principality Building Society PBS to appoint its first female Chair (7560I)
16 Dicembre 2020 - 9:30AM
UK Regulatory
TIDM10AI
RNS Number : 7560I
Principality Building Society
16 December 2020
Under embargo until 8:30am, 16/12/2020
Principality to appoint first female chair in its history
Sally Jones-Evans is to be appointed the new chair of
Principality Building Society's Board in April 2021, subject to
regulatory approval. This follows an external search led by the
Board's Senior Independent Director, Derek Howell.
Cardiff-born Sally will become the first female chair in the
Society's 160-year history and will succeed Laurie Adams who is
retiring from the Board next April as part of succession planning.
She has been a member of the Society's Board since 2015, including
her role as the Chair of the Remuneration Committee.
Sally is a former Lloyds Banking group executive and currently
sits on the boards of Hafren Dyfrydwy Ltd (a subsidiary of Severn
Trent Plc), Saga Services Ltd, the insurance broking arm of Saga
Group Plc and Delio Wealth Ltd, a Welsh fast growing 'fintech'
company. She also serves as a Trustee of Tearfund, the humanitarian
and overseas development charity.
Laurie Adams, Chairman of Principality's Board said: "Sally's 30
years of experience in retail banking which involved leading people
mainly in areas directly serving customers, made her such a strong
candidate to become the new Chair subject to regulatory approval.
She has been a prominent non-executive director Board member for
the past five years has a deep knowledge of the business and what
matters to our members.
"This is another proud moment in Principality's rich history as
we now will have our first female Chair, joining Julie Ann Haines
our first female CEO working in tandem to take our business
forward."
Sally said: "This is a very proud moment for me and a role which
I am looking forward to starting. I'm delighted to be a part of
Principality's future and help it deliver the same qualities of
value and outstanding customer service in a rapidly evolving
financial services market. The Society's consistent focus on
putting members' interests first is one of its stand out
characteristics, and it will be an honour to serve as the first
female Chair of this great organisation."
Ends
About Principality Building Society
-- Formed in 1860, Principality is Wales' 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 GBP10.6 billion.
-- Principality is committed to remaining a mutual organisation.
www.principality.co.uk
For more information, please contact:
Jamie Pike
Corporate Affairs Manager, Principality Building Society
Jamie.Pike@principality.co.uk
02920 773812
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END
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