Hanley Economic appoints risk committee chair

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Hanley Economic Building Society has appointed Mark Curran as a non-executive director and chair of its risk committee.

Curran (pictured) brings more than 38 years of experience across retail, commercial and business banking, global payments and banking transformation.

Most recently he served as customer banking director at TSB Bank and was a member of the bank’s executive committee, where he was responsible for income, distribution, conduct, products and marketing across its personal and business banking operations.

During his career, Curran has also been closely involved in major UK banking infrastructure initiatives. He spent seven years as a board director of Faster Payments Scheme Limited, helping oversee the UK’s real-time payments system.

He also chaired the programme board responsible for developing the Current Account Switching Service, working with banks, technology suppliers and HM Treasury to deliver the industry-wide scheme.

A fellow of the Chartered Banker Institute since 2006, Curran has also been involved in supporting the development of future talent within financial services and has remained engaged with the technology changes shaping the banking sector.

Founded in 1854, Hanley Economic is a Staffordshire-based mutual building society with more than 20,000 members and six branches in Biddulph, Hanley city centre, Newcastle, Longton, Stone and at its Festival Park headquarters in Stoke-on-Trent.

Mark Selby, chief executive at Hanley Economic Building Society, said: “Mark brings a depth of experience that spans retail banking, payments infrastructure and large-scale change programmes.

“That mix of operational insight and governance experience will be extremely valuable to the Society as we continue to grow our lending activities while maintaining a strong and disciplined approach to risk.”

“He has worked at the centre of several initiatives that have reshaped how UK banking operates, particularly around payments and switching.

“That perspective, alongside his understanding of customer banking and regulatory expectations, will be a real asset to the board and to the Risk Committee.”

Curran added: “Mutuals play a vital role in the UK financial services sector, particularly in supporting local communities and maintaining a strong focus on members.

“From my first conversations with the board and executive team it was clear there is a strong sense of purpose around responsible growth, sound risk management and maintaining the values that define a building society.

“I look forward to contributing my experience and working with colleagues to support the Society’s continued progress.”

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