Yorkshire Building Society has appointed a new chair designate to its board.
Annemarie Durbin, currently chair at Cater Allen Private Bank, will join the Bradford-based mutual by the end of the year when she takes over from John Heaps. The qualified lawyer is also a chair of remuneration committee on the boards of Santander UK, Persimmon and Petershill Partners.
She will step down from roles at Santander and Cater Allen to take up the post, which will include a handover period with Mr Heaps, who has been at Yorkshire Building Society for nine years. The move is subject to regulatory approval.
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Susan Allen, chief executive at Yorkshire Building Society, said: "I’m delighted to welcome Annemarie to lead our board. Her expertise in the financial services sector and beyond will be invaluable to ensuring we continue to build on our strong heritage with the future in mind. I, and the rest of the board are very much looking forward to working with her."
Ms Durbin said: "It’s a privilege to join the board of such an established and purposeful organisation. As the organisation continues to grow, the mutual values Yorkshire Building Society holds so dear will remain central as we evolve in the best interests of our members."
Mr Heaps said: "I am delighted that Annemarie has agreed to join the Society and I look forward to welcoming her to the board. Annemarie joins a resilient organisation with a strong sense of purpose that has been a privilege to serve."
