Ipswich Building Society has appointed Peter Elcock to the role of non-executive director.

The mutual said the move would bring increased specialism to the Board in capital and liquidity risk management.

Elcock (pictured) is the CEO and founder of Cornhill Consulting which provides credit, market and liquidity risk management consultancy and associated software solutions to the global banking and financial services industry.

He has had senior level experience in risk and operational roles at Board level for Barclays, Coventry Building Society and the Co-operative Bank.

Paul Winter, chief executive of Ipswich Building Society, said: “Peter is a welcome addition and brings substantial prudential risk management experience to the Board.”