Monmouthshire BS makes executive appointment

He brings more than two decades of financial services experience to the role

Monmouthshire BS makes executive appointment

Monmouthshire Building Society has appointed Iestyn Evans (pictured) as its new chief finance officer.

Evans, who has more than 20 years of experience in financial services, has been serving as interim CFO at the society for the past six months before moving into the role permanently this month.

Before joining Monmouthshire, Evans played a key role in establishing Monument Bank, a challenger bank that grew from zero to £2 billion in assets within two and a half years. His career also includes roles at Deloitte, Lloyds Bank, Target, HBOS, and Mirror Group Newspapers. He holds an MBA and serves as a non-executive director for the Development Bank of Wales.

“We are delighted to be welcoming Iestyn into a permanent role in the society,” said Will Caroll, chief executive at Monmouthshire Building Society. “Iestyn brings valued experience to the role, continuing to strengthen our executive leadership team. As we continue our journey to becoming a more modern mutual, Iestyn will be an asset to the team and our members.”

Commenting on his appointment, Evans called it an “exciting time” to join the society, which reported strong financial results for the 2023-24 fiscal year.

“The society has a long-established heritage in Newport and the surrounding areas,” he said. “It’s great to be back in Wales, supporting local communities In these ever-changing times, our strong vision and purpose means we can continue to serve our members for many more years to come. I’m thrilled to join the society in this permanent position and look forward to the opportunities ahead.”

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