The Scottish Building Society has appointed Ian Wilson (pictured) as its new chair following the retirement of Raymond Abbott.
During Abbott’s time at the Society, he has helped the organisation to navigate through unprecedented economic challenges to achieve record growth and profitability.
Wilson brings a wealth of experience from across the financial services sector from his 40-year career in the industry.
Having enjoyed senior management positions at high street banks, challenger banks and building society sectors, Wilson also has knowledge of the growing fintech sector, working with neo banks such as Monzo, Revolut and Copenhagen-based, Kompasbank.
Wilson said: “I am very much looking forward to joining the team at Scottish Building Society and continuing in Raymond’s footsteps to build a positive future for the organisation.
“My experience across financial services and fintech firms will complement the ambitious growth trajectory mapped out by senior management at Scottish Building Society.”
Paul Denton, CEO at Scottish Building Society, added: “I would like to thank Raymond for his contribution over the last ten years.
“His presence and passion will be greatly missed, but Ian is a worthy replacement. He is a well-respected figure in the UK’s financial services sector and we are incredibly pleased to welcome him on-board.
“His appointment is timely as Scottish Building Society embarks on an exciting new chapter as we shape the future of the organisation, whilst remaining true to our purpose and providing flexible, personal and reliable services and products to our valued members.”
