DIRECTORATE CHANGES AT LEEDS BUILDING
SOCIETY
Gareth Hoskin will retire from the
Leeds Building Society Board with effect from 31 March 2025, after
over 9 years on the Board. Following his retirement Annette Barnes,
the current Chair of the Remuneration Committee, will (subject to
regulatory approval) become the Senior Independent Non-Executive
Director with effect from 1 April 2025. Farah Buckley who joined
the Society as a Non-Executive Director in April 2023, will
(subject to regulatory approval), be appointed as the Chair to the
Audit Committee and Whistleblowing Champion with effect from 1
April 2025.
Ends
About Leeds Building Society
· Leeds Building
Society is the UK's fifth-largest Building Society with assets of
£30bn and a total membership of 945,300 as at the end of June
2024.
·
We continue to do today what we were set up to do
in 1875 - help people save money and buy their own home. We operate
as a mutual, developing and innovating our product range and
service offer to help our members achieve their financial
goals.
· We employ over
1,800 colleagues, with a head office in the centre of Leeds, a
customer contact centre in Newcastle and a network of 50 branches
across the UK.
· Our purpose is
putting home ownership within reach of more people, generation
after generation. Since 2020 we have helped over 70,000 first time
buyers join the housing ladder.
· We are committed to
the orderly transition to a greener, net zero economy by 2050 and
have set a second ambitious target to reduce our scope 1 and 2
location-based emissions by 60% by 2030, which aligns with the UK's
net zero commitments.
·
The Society has been a Living Wage employer since
2019. The Society won the title of Best Shared Ownership Mortgage
Lender in the 2024 What Mortgage Awards, its ninth consecutive year
of success in this category, won "First time Mortgage Buyers'
Choice" at the 2023 Moneyfacts Consumer Awards, and was named as
the winner of the "Leading With Purpose Award" at the 2023 Business
Culture Awards.
·
For more on what we do and how we help our
members, visit Leeds
Building Society