John Quinn has been appointed as the new chairman of Cirencester Friendly.

He succeeds Martin King who has retired from the board after two years in the role.

Quinn (pictured) joined the board as an independent director in 2012 and served as vice-chairman in 2014. Previously, he spent 36 years with Lloyds Banking Group during which time he held positions in branch and area management before becoming a senior manager in corporate and commercial banking, a role from which he retired in December 2011.

Paul Hudson, chief executive, said: “I would like to thank Martin for the energy and dedication he brought to Cirencester Friendly over the last two years. During his chairmanship, the Society continued to grow both in terms of its reputation, membership and funds under management.

“I am confident that with the skills and experience John has he will make a very effective chairman.”

Quinn added: “I am very much looking forward to the role of chairman and continuing to work with my colleagues on the board, as well as the excellent staff at Cirencester Friendly, to further develop the award winning service that we offer members and advisers alike.”

Cirencester Friendly’s Board currently consists of nine directors – seven independent non-Executive members as well as Hudson and Peter Brown (deputy chief executive).