Macfarlane joins from Aldermore Bank which he supported through its recent Initial Public Offering.
Prior to joining Aldermore Macfarlane also spent 14 years in planning, reporting and decision support at National Australia Bank.
Alison Port, Leeds Building Society’s chief strategy officer, said: “I am delighted to welcome Craig to Leeds Building society’s strategic planning team.
“He will be involved in managing our corporate plan process and further developing the insight and analysis the team produces.”
Macfarlane said: “I am looking forward to working collaboratively with a variety of business areas to set the strategic long-term goals and successes for the Society.
“This is combined with assisting the management team in developing its strategic approach to the marketplace, through the provision of strategic business analysis."