01 Mar 2022

Nationwide Building Society announces Board changes

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

Alan Keir is an experienced banker, who was previously Group Managing Director and CEO of EMEA at HSBC, where he led the operations in 30 countries including the UK home market. He currently serves as a NED on the boards of Majid Al Futtaim and Sumitomo Mitsui Banking Corporation. He was previously a NED at HSBC Bank UK plc. He will join the Board with effect from 1 March 2022.

Nationwide also confirms that, Tim Tookey, a Non-Executive Director of the Board since June 2015 will retire from the Society at the AGM in July 2022. Subject to regulatory approval, it is expected that Alan Keir will assume the role of Board Risk Committee Chair in July 2022.

Kevin Parry OBE, Chairman, said:

"It is a pleasure to welcome Alan to the Nationwide Board.  Alan's appointment will broaden the banking experience on the Nationwide Board, and he has first-hand experience of the risks to be managed and the opportunities in the UK.  I anticipate his strategic insights and wide experiences of different business models will contribute to enhancing the service that we provide to our members."