Philip is a well known figure in the building society industry and has held a number of senior roles in the financial services sector; he is currently chief executive of Market Harborough Building Society, which he joined in 1995. Prior to that, he gained significant experience whilst working for TSB Bank as well as Norwich & Peterborough and West Bromwich building societies. Philip was also chairman of Mutual One until Skipton’s investment in the business in July 2004 and continued to serve the company as a board member until June 2006.
Philip Dearing said, “I have a strong affiliation with the benefits Mutual One has already brought to the sector and have watched with interest its expansion in recent years. My role is to develop plans that will help organisations in the mutual sector grow.”
Commenting on the appointment, Steve Haggerty, chairman of Mutual One said, “We are delighted that Philip has agreed to join Mutual One. He comes to the role as someone well known and respected in the mutual sector and with a proven track record of innovation. He shares the vision of the need for Mutual One to provide collective solutions which enable the mutual sector to continue to thrive rather than for it to just survive. I know that he will be ably assisted by the whole team at Mutual One and together they will make things happen.”
Until Philip is in post in the early summer, Andrew Gold, chief operating officer, will continue to work closely with Steve Haggerty. Thereafter he will play a key role in supporting Philip in the achievement of Mutual One’s objectives.
Andrew Gold said, “I am delighted that Philip is joining us, as he will complement the senior team within Mutual One. Philip’s vision and his wealth of first hand knowledge and experience of the industry will undoubtedly help us in achieving our goal of providing collective solutions at a time when mutuals face an ever increasing number of regulatory and commercial pressures.”
