He has been the CFO and a board member since 2022
Bath Building Society has announced the promotion of its chief financial officer, Richard Ingle (pictured), to the position of chief executive officer, pending regulatory approval.
Ingle will succeed current CEO Kevin Gray, who will retire from the mutual after 25 years of service, effective from the board meeting on March 7.
Having joined the building society as CFO and board member in 2022, Ingle brings extensive experience to his new role. He previously served as CFO at sustainable bank Triodos Bank UK and held senior management positions at Nationwide Building Society and Bank of Ireland.
In his capacity as a board director at Bath Building Society, Ingle has overseen financial performance reporting and managed treasury, human resources, and prudential risks.
Bath Building Society will soon start the search for a replacement CFO and board member following Ingle’s promotion. An interim CFO will be appointed to facilitate a smooth transition as Ingle assumes his new responsibilities.
“Kevin has made a huge contribution to the success of the society over a long period of time and will be greatly missed by all his board and society colleagues,” Joanne Evans, chair of Bath Building Society, said.
“In order to find the most suitable successor as CEO, the board has undertaken a comprehensive recruitment and selection process. Richard has played a significant part in the society’s transformation programme over the past two years, and I am confident he will take this to the next level as our new CEO, enabling digitisation and other improvements to member service, to support sustained growth in society membership.”
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