Yorkshire Building Society has appointed Kate Barker, former member of the Monetary Policy Committee (MPC), as a non-executive director.

She was previously on the Board of the Society and stepped down when she became a member of the MPC in 2001, where she remained a committee member until May 2010.

Prior to her appointment to the MPC, she was chief economic adviser to the CBI. She has also written policy reviews for the previous government on housing supply and on planning. Previously a board member of the Housing Corporation, she is now on the board of one of its successor bodies, the Homes and Communities Agency.

In 2006 she was awarded a CBE for services to social housing.

Ed Anderson, chairman of Yorkshire Building Society said he was ‘delighted by the appointment.