The Cumberland Building Society has made changes to its board with the appointment of Richard Pike (pictured) as non-executive director.
Pike brings over 30 years experience to the role, and has held senior leadership roles at organisations such as Permanent TSB, Governor Software, the National and Cybersecurity Society in the US, Starling Bank and JP Morgan.
He is currently a senior consultant for MyComplianceOffice Ltd and a lecturer for The Institute of Banking.
Pike was recently announced as chair at insurance company FBD Insurance PLC.
The society said the appointment was a reinforcement of its commitment to its goals, as Pike has knowledge in areas including strategy, technology, innovation and risk management.
Pike said: “I look forward to contributing to The Cumberland’s continued success and to working with my fellow board members to uphold the highest standards of corporate governance to continue to provide a ‘kinder banking’ experience for customers.”
Jackie Arnold, non-executive director and chair elect at The Cumberland, said: “His deep expertise in finance and leadership will be instrumental as we look to the future and strive to deliver exceptional value in ‘kinder banking’ to our customers.
“Richard’s strategic insights and commitment to best practices in corporate governance align perfectly with how we want to drive business forward.”
He joins fellow board members Jackie Arnold, Des Moore, Richard Ellison, Kelli Fairbrother, Vicky Bruce, Mark Stanger, Cameron Marr and Anna Barsby, who all aim to deliver The Cumberland’s ‘kinder banking’ ethos.
The society recently announced that Jackie Arnold will become chair of the board, the first woman to hold the post in its 174-year history.
She succeeds John Hooper, who is stepping down at the society’s annual general meeting (AGM), on July 22, after five years in the role and nearly nine years as a non-executive director.
