News

• Expanded group consists of major UK retailers and consumer groups and will meet each quarter
• Panel will measure and assess impact of Brexit and Covid as nation hopes to recover and rebuild
• Nationwide focussing future efforts on four areas: Home, Work, Financial Wellbeing & Community
• Initial research from Ipsos MORI reveals changing societal needs across these four areas of life

• Britain’s biggest building society today hosts its fifth Ada Lovelace event at 6pm
• Students invited to join virtual workshops aimed at opening eyes to careers in technology
• Over 200 people signed up but registration spaces still available - register here

The results of the voting at Nationwide Building Society's Annual General Meeting (AGM) held today, Thursday 16 July 2020, at Nationwide House, Pipers Way, Swindon, SN38 1NW are detailed below.

• ‘Kinda’ tool created by Society to enable staff to receive a helping hand during lockdown
• New tool rolled out for Mental Health Awareness Week 2020 as part of focus on wellbeing
• Society’s 18,000 employees will also have free access to mental health platform Unmind

In light of the uncertainty caused by COVID-19 for its members, the Nationwide Building Society Board Remuneration Committee has agreed to a request by its Chief Executive to reduce his base salary and pension combined by 20 per cent.

• Building Society opens new Kembrey Park site, strengthening the commitment to its hometown
• The site has been constructed with community, wellbeing and sustainability at the centre of the building’s design
• Nationwide plans to send zero waste to landfill

After more than eight years on the board, Lynne Peacock, Senior Independent Director and Chair of the Remuneration Committee, will retire from Nationwide at the end of 2019.

• Nationwide opening new Digital Innovation Centre in Holborn to house around 1000 people
• Announcement confirms Society’s commitment to service leadership across UK financial services
• Society will boost London workforce with around 750 new digital, data and technology roles
• News comes after the Society recently unveiled expansion plans in Swindon

• Nationwide is offering extended maternity leave to employees when their baby is born before the 37th week of pregnancy
• The policy provides second parent 4-weeks hospital leave to support their partner and family
• Policy designed in consultation with Nationwide Group Staff Union (NGSU) and employees who’ve had children prematurely and is available now to all employees who need it

Nationwide Building Society’s Director of Payments, John Hutton, is to become the new Chairman of the global payments body, P20. John, who is currently Vice-Chairman, will take up his new role following the conclusion of P20’s annual Global Payment Conference, which takes place in London in October. He will succeed Bruce Lowthers, Global COO for FIS, as Chairman for a term of two years.

Nationwide Building Society today announces it has appointed Carole Layzell as Channel Service Director. She is expected the join the Society mid-March.