Yorkshire BS appoints interim CEO

Published on

Yorkshire Building Society has announced that Alasdair Lenman has been appointed as interim chief executive officer (CEO) with immediate effect and that Robert Purdy has been appointed interim chief finance officer (CFO).

Stephen White, who has been acting as interim CEO, will leave the society to take up a new role with Santander.

Both appointments are subject to regulatory approval.

John Heaps, chairman of Yorkshire Building Society, said: “Alasdair Lenman has 23 years’ experience in finance and has worked in financial services for 15 years, most recently as our chief finance officer. He has played a leading role in the development of our existing strategy, which has yielded some of our strongest financial results in our history.

“The process to appoint the next permanent chief executive officer is well advanced and will conclude as planned later this year.”

Lenman said: “Yorkshire Building Society is enjoying its strongest trading performance in its over 150-year history. This is enabling us to reward our members with market leading savings rates and invest in the transformation of our business so we can deliver even further value to our customers.

“I look forward to supporting the Society until the process for appointing a permanent chief executive officer concludes.”

Latest POLL

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

Mortgage marathon mania sweeps the Capital

The 2025 London Marathon made history yesterday - setting a new world record for...

Five-year frenzy: Brokers urged to act as fixed-rate terms end

Mortgage brokers are being urged to step up their client engagement strategies as a...

The Mortgage Soup view: Challenges and opportunities for brokers

One of the biggest focal points for brokers this year is the sheer volume...

Dividend growth could be boost for mortgage sector

Despite a 4.6% fall in UK company dividends during the first quarter of 2025...

Other news

What, me? Standing out in a crowded market

The mortgage market is changing. It’s more competitive, more complex and more client-focused than...

Mortgage marathon mania sweeps the Capital

The 2025 London Marathon made history yesterday - setting a new world record for...

Food for thought for those not selling mortgage protection

Networks have told me that only one-in-four mortgages arranged are safeguarded by mortgage protection...
Advertisement