The Teachers Building Society has announced the appointment of Malcolm Himsworth onto its board as a non-executive director.

He will also be chair of the Audit Risk Committee (ARC) from 2019.

Himsworth (pictured) has over 30 years’ experience of working in financial services. Having qualified as a chartered accountant with Coopers & Lybrand and working in their audit practices, he has also worked for National Australia Bank, NatWest and Barclays where he held several leadership roles in audit, risk and compliance.

He has held senior governance roles at Aviva, Abbey National, Resolution, Barclaycard and RBS and has been a member of the British Bankers Association chief internal auditors committee and the HM Treasury money laundering advisory committee.

As well as his new role at the Teachers, Himsworth is also on the board of CAF Bank, where he is chair of the audit committee and he’s a member of the audit, risk and compliance committee of Charities Aid Foundation.

Himsworth said: “I’m committed to ensuring the society maintains a high standard of integrity and I strongly believe that a mutually-owned building society, providing a high calibre service and moving positively with the times, can prosper for the benefit of its members.”

Julie Nicholson, chair of the Teachers Building Society, said: “It’s a pleasure to welcome Malcolm to Teachers and I’m certain he will strengthen the Board with his strong financial services background, especially in audit, risk and compliance.

“I’m sure his knowledge will provide us with invaluable guidance to ensure the Society continues to help customers to save for and own their own homes.”

Malcolm joins Chair Julie Nicholson and fellow Non-Executive Directors Alexandra Pike, Ian Grayson, Paul Winter and Andrew Lee.