Teachers Building Society has named Julie Nicholson as the new chair of its board of directors.
Julie will replace the current chair Roy Spragg, who will step down at the end of April.
She has over 25 years of experience in financial services and qualified as a chartered accountant with KPMG.
At KPMG, she worked in the audit and risk advisory services practices before moving to Barclays Bank, where she held several executive roles in finance and governance.
Julie has been a non-executive director at Reliance Bank Limited for the past two-and-a-half years and is also the deputy chair of the board and chair of the audit, risk and compliance committee at the bank.
“I am delighted to be joining at a particularly exciting time for the business and I strongly endorse the ethos shared throughout the society and its consistent focus on putting the customer at its heart,” said Julie.
“I very much look forward to working with Simon, the board and the wider team as the organisation enters the next stage of its development.”
Simon Beresford, chief executive of Teachers Building Society, added: “I am thrilled to be welcoming Julie as our new chair as she brings with her a wealth of relevant experience and a strong background in both executive and chair roles.
“In addition, she has a deep understanding of financial services, a strong empathy with our values and is committed to helping our customers save and own their own homes.
“I am looking forward to working closely with Julie.
“On behalf of the board, I would also like to thank Roy for his significant contribution to Teachers Building Society and invaluable support over the past nine years – we wish him well for the future.”
SIGN UP TO OUR NEWSLETTER TO RECEIVE MORE NEWS LIKE THIS STORY
Redefining SME banking technology
There has been significant change in the financial services sector in the past three to five years, one driven by new client expectations of customer experience, performance and speed of execution...
Unity Trust Bank reports 68 per cent profit rise
Unity Trust Bank increased its profits by 68% in 2018, having approved over £200m of lending to firms and projects...
OakNorth reveals plans for Manchester client-facing office
OakNorth’s Manchester client-facing office is expected to go live within two to three months, according to its chief operating officer Amir Nooriala (pictured above)...
SimplyBiz agrees to acquire Defaqto for £74.3m
The SimplyBiz Group has conditionally agreed to acquire the entire issued share capital of Regulus Topco Limited for a total consideration of £74.3m...
Training BDMs to the level required takes 'up to a year'
Investec Private Bank’s BDM Peter Izard (pictured above) has stated that if you don't invest in people, you won’t get the outcomes that you need...
A guide to 'Isa season'
If you’ve opened a newspaper or read the news online recently, you’ve probably come across the term ‘Isa season’ which focuses on how you should use your Isa allowance before the end of the tax year...
UTB introduces new first charge product
United Trust Bank (UTB) has launched a new first charge product aimed at customers who own their properties outright...
Price of flats down as much as 7.5% in last 12 months
The price of flats has fallen by as much as 7.5% in some parts of the UK, according to a report by Gatehouse Bank...
Is there a lack of understanding around e-money institution protection?
There’s an opportunity to improve the understanding and knowledge of financial protection offered by e-money institutions, according to Myles Stephenson, CEO at Modulr (pictured above)...
OakNorth Analytical Intelligence bolsters leadership team
Global fintech platform OakNorth Analytical Intelligence has hired Nikolai Varma and Rikard af Ekenstam to strengthen its leadership team...
Deutsche Bank and Commerzbank confirm merger talks
Deutsche Bank and Commerzbank have confirmed that they are engaging in discussions with an open outcome on a potential merger...