LBS Chief Executive to head up northern societies' group
Leeds Building Society Chief Executive Peter Hill has been appointed the chairman of the Northern Association of Building Societies (NABS).
Peter succeeds outgoing chairman Nigel Quinton, the Chief Executive of Furness Building Society, and will serve in the role for the next 12 months.
NABS is one of the three regional associations of the Building Societies Association (BSA), with 15 member societies in the North of England and Scotland, and works in conjunction with the BSA to support mutuals’ values to encourage saving and promote home ownership.
Peter said: “I am proud to have been chosen to chair NABS for the coming year, at a time when building societies, including my own, are performing strongly, attracting new members and demonstrating their importance to their local economies and communities and the wider financial services sector.
“Leeds Building Society is among the mutuals to have a strong heritage in the North and we hope that through our national presence and branch network we can continue to promote the principles of the building society business model and the benefits of being owned by our members, compared to banks answerable to shareholders.”
Nigel Quinton said: “It has been a privilege to serve as the chairman over the past 12 months, during which the building society sector has grown its market share.
“I am delighted to hand over the baton to Peter, who I know will do an excellent job.”
Notes to Editors
A hi-res photograph of Peter Hill is available – please call the Society press office on 0113 225 7903.
Current NABS members are: Beverley, Chorley, Cumberland, Darlington, Ecology, Furness, Leeds, Manchester, Marsden, Newcastle, Penrith, Scottish, Skipton, Vernon and Yorkshire building societies.
Leeds Building Society has 67 branches throughout the UK, Gibraltar and Ireland and assets of £11.2bn (as at 31 December 2013). The Society has operated from the centre of Leeds since 1886.