David Cutter (pictured), group chief executive of Skipton Building Society, is set to step down after almost 30 years with the Society.
Cutter, who has held his current role for the past 13 years, will step down following the Society’s AGM in April 2022.
The Skipton board said it will now begin a search for “a high calibre successor with the requisite blend of experience and expertise” to lead the society into the future.
Robert East, chair of Skipton, said: “David has made an outstanding contribution as group chief executive for the last 13 years and during his 28 year career with the Society.
“He has led the society out of the challenges of the global financial crisis, through Covid and the transformative acquisition of Countrywide Plc by Connells to the robust financial health we enjoy today.
“The growth in membership, savings balances and mortgage lending through David’s tenure show his focus and dedication to serving and delivering for our members.”
Cutter added: “It has been a privilege to lead Skipton and I am extremely proud of all that we have achieved.
“After almost 30 years with the society, and over 22 years on the board, having completed the acquisition of Countrywide and with an expected strong financial performance in 2021 against the backdrop of the pandemic, the board and I have agreed that I will step down from my role at the AGM.
“In the meantime, it’s business as usual as the society continues to help more people have a home, help people save for their life ahead, and support long term financial wellbeing.”
