Teachers Building Society has confirmed the appointment of Gavin Opperman (pictured) as its next chief executive officer and executive director.
He will take up the role on 2nd April 2025, following the departure of current CEO Simon Beresford, who announced his decision to step down in autumn 2024 after eight years at the helm.
Opperman joins the mutual from Virgin Money PLC, where he served as banking director. His career spans more than 30 years in financial services, including leadership roles across banking and lending.
Julie Nicholson, chair of the Teachers Building Society board of directors, said: “The Board is delighted that Gavin has agreed to join Teachers Building Society as our next chief executive.
“Gavin brings significant financial services leadership experience from over three decades spent supporting the development of best in class financial brands. I look forward to working with Gavin in shaping the future of Teachers Building Society for its members and to benefit those working in education.”
Opperman said: “As a national building society with a sector specific focus Teachers really is a unique mutual. I’m excited to lead the Society on its next phase of growth and ensure that the Society’s founding mission, of helping every teacher own their own home, continues.
“I’ve been a long-time fan of the mutual model and firmly believe there remains an important societal role for organisations like Teachers Building Society to deliver products and services to the education sector, whose members dedicate their careers to shaping future generations.
“By continuing to support their financial needs, we can help them achieve stability and security, ensuring they can focus on the valuable work they do.”
