Nationwide Building Society
1
October 2024
Nationwide Building Society
(the "Society") announces Board changes
Nationwide Building Society is pleased
to announce the appointment of Anand Aithal as an independent
Non-Executive Director of the Society.
Anand Aithal holds over 30 years of
experience across financial, business, government and professional
services. Anand is currently an Independent Non-Executive Director
on the Board of directors at Saga plc and Polar Capital Holdings
plc. He is also a Trustee of the Institute for Government and a
non-executive advisor to the Association of Certified Chartered
Accountants. Previously Anand was the Lead Non-Executive Board
Member for the Cabinet Office until August 2024. Prior to his
non-executive career, Anand was a Managing Director at Goldman
Sachs before starting his own firm which was a pioneering provider
of data analytical services. He will join the Nationwide Board and
will be a member of the Audit Committee and Board Risk Committee
with effect from 1 October 2024.
Anand Aithal said: "I am delighted to
be joining Nationwide, the UK's largest building society,
particularly at this exciting time following the completion of the
Virgin Money acquisition. I look forward to working with colleagues
as Nationwide continues its ongoing strong financial position and
deliver further value to customers and members through its products
and services".
Kevin Parry OBE, Chairman, said: "It
is a pleasure to welcome Anand Aithal to Nationwide. His experience
across financial, business and professional services makes Anand a
welcome addition to the Nationwide Board."
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Contacts:
Media Queries:
Sara Batchelor, 07785 344137,
Sara.Batchelor@nationwide.co.uk
Investor Queries:
Sarah Abercrombie, 07587 886500,
Sarah.Abercrombie@nationwide.co.uk
About
Nationwide Building Society
Nationwide is the world's largest
building society, with over 17 million customers, 16 million of
whom have a current account, mortgage or savings product, and are
therefore members of the Society. Nationwide is owned by its
members and focuses on providing banking products and services to
its customers. Nationwide has over 18,000 employees, including
those based in its headquarters in Swindon, and those working in
its network of over 600 branches across the UK.