28 Sep 2022

Nationwide Building Society announces Board changes

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

Tracey is an experienced Non-Executive Director having served on a number of listed company and mutual boards across a range of sectors, including financial services. She is a former CEO, with proven success at companies operating in the financial and business services sectors, with significant commercial, operational and customer services experience gained in several different sectors. She has extensive experience as a remuneration committee chair in listed and regulated companies, in addition to serving on all other board committees including audit, risk and nominations. She will join the Nationwide Board with effect from 28 September 2022.

Nationwide also confirms that Mai Fyfield, a Non-Executive Director of the Board since June 2015, will retire from the Society at the AGM in July 2023. Subject to regulatory approval, it is expected that Tracey Graham will assume the role of Remuneration Committee Chair from Mai Fyfield in January 2023.

Tracey Graham said:

"I am delighted to be joining Nationwide, the UK's largest mutual building society. As a trusted mutual, Nationwide plays a significant role working for members and customers, guided by strong values, and a social purpose. I look forward to working with colleagues as Nationwide continues to develop its leading market position."

Kevin Parry OBE, Chairman, said:

"It is a pleasure to welcome Tracey to the Nationwide Board. Tracey's appointment will broaden the financial services experience on the Nationwide Board, and she has first-hand experience of serving on mutual boards. I anticipate her proven track record of creating successful growth in a wide variety of businesses and significant experience gained in senior banking and insurance positions will contribute to the strength of our existing Board."