Principality Building Society has announced that Simon Moore will join its board as a non-executive director and chair-elect.
Moore has held roles in Lloyds Banking Group, Chase Manhattan, ABN Amro and Barclays Bank, and served as managing director for Barclays Commercial Wales and the South West.
He has also served as chair of another leading mutual organisation, LV=, as well as serving on a number of other boards.
Subject to regulatory approval, Moore will take over as chair from Sally Jones-Evans following the AGM.
Jones-Evans has served as chair since April 2021, and as a board member since February 2015.
Moore said: “I am honoured to take on the role of board chair-elect at Principality.
“Under Sally’s leadership, Principality is thriving, and I am looking forward to building on that legacy. Together with the dedicated board of directors and the whole team at Principality, we will continue to deliver value and service to our members.”
Jones-Evans added: “It has been a privilege to serve as Chair for the past three years, and as a board member for the past nine.
“Everything we do has our members’ financial wellbeing in mind, and it has been a pleasure to see the Society help so many of them.
“I wish to thank all members and colleagues and wish you all well as Principality begins its next chapter.”
