Hanley Economic Building Society has named Oliver Slimm as its new head of credit risk and lending strategy.
Slimm joins the Staffordshire mutual with more than 10 years’ experience in the mutual and specialist lending sectors, including eight years at Dudley Building Society as head of credit risk and underwriting and three years as credit strategist at more2life.
He also served as vice chair of the board and chair of the audit and risk committee at Wolverhampton City Credit Union.
In his new role, Slimm will oversee the Society’s credit risk framework and ensure its lending strategies remain sustainable, responsible and aligned to members’ needs.
He will work across the business to refine risk appetite, support product development and strengthen Hanley Economic’s mortgage market proposition.
Mark Selby, chief executive officer at Hanley Economic, said: “Oliver brings a strong understanding of credit risk and a track record in shaping lending strategies that are aligned to both customer need and sustainable growth.
“His experience across specialist areas of the market will support us in further developing our proposition, ensuring we continue to deliver solutions that reflect the real-life circumstances of a broad range of borrowers, while also meeting the ever-evolving needs of our intermediary partners.”
Slimm said: “The dedication and passion within the Hanley team is clear to see, and it’s an exciting time to be joining the Society as we continue to optimise what we already do well, explore new lending propositions, and demonstrate to the market the true depth of our capabilities.
“I look forward to working with colleagues across the business to build on the Society’s strong foundations and support its ambitious growth plans.”
Founded in 1854, Hanley Economic is one of Staffordshire’s leading mutual building societies, serving more than 20,000 members across seven branches in Biddulph, Cheadle, Hanley City Centre, Newcastle, Longton, Stone and at its Festival Park headquarters in Stoke-on-Trent.