She has over 20 years of experience in risk management and compliance roles
Newbury Building Society has appointed Lyndsey Hayes (pictured) as its new chief risk officer (CRO), replacing longstanding CRO Lee Bambridge, who is retiring later this month.
Hayes has over 20 years of experience in risk management and compliance roles, including managing a multi-billion pound retail mortgage portfolio at Barclays and senior risk roles at Coutts and Royal Bank of Scotland in the UK, Jersey, and Gibraltar. Most recently, she was CRO at a fintech startup, establishing the risk framework and obtaining accreditation from the British Business Bank to enable Enterprise Finance Guarantee-backed lending.
At Newbury, Hayes will have overall responsibility for risk and compliance, ensuring the mutual continues to be supported by a strong risk management framework. She will become a member of several executive committees, as well as attend the risk and audit committees.
“I am incredibly pleased to welcome Lyndsey to the executive team,” Phillippa Cardno, chief executive at Newbury Building Society, said. “Her expertise in senior risk roles at financial services organisations of all sizes will be invaluable as we continue to navigate an unpredictable operating environment.
“I look forward to working with Lyndsey, who will be instrumental in sustaining and developing our robust risk frameworks.”
Commenting on her appointment, Hayes said she was thrilled to be joining the Newbury Building Society.
“I was attracted by the society’s strong customer service ethos, which provides excellent support and service to members over the long term,” she stated. “It also focuses on the wellbeing of its talented people and has a strong social purpose within the communities it serves.”
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