He will join in March
The Nottingham Building Society has appointed Anthony Murphy (pictured) as its new chief financial officer (CFO), subject to regulatory approval.
Murphy joins from digital challenger bank Tandem, where he had been CFO since January 2019. He also worked in the United Arab Emirates as CFO for a listed regional bank before returning to the UK to join Tandem.
He has also held a number of senior finance and strategy roles with Lloyds Banking Group, including as finance director of the Middle East business based in Dubai where he supported its sale to HSBC.
Murphy will join the Nottingham Building Society in March to lead its finance team and drive strategic growth. The mutual believes that his broad range of experience, both domestically and internationally within challenger and established banks, will “help it progress its commitment to transforming the housing market.” It recently signed a partnership agreement of up to £600 million with fintech mortgage lender Generation Home.
The mutual said it has put in place a smooth transition by having Murphy work closely alongside Paul Astruc, who served as CFO and board member for the last two years and is retiring to pursue a non-executive career.
“This is a great time to be joining The Nottingham as it emerges from a thorough and exciting strategic review process, with an eye on the future,” Murphy said, commenting on his appointment. “I have been hugely impressed by the vision for the society, and look forward to meeting more of the team and continuing The Nottingham’s journey.”
Sue Hayes, chief executive at the Nottingham Building Society, said they were delighted that Murphy is joining The Nottingham.
“His wealth of experience means he brings both solid foundations and genuinely innovative thinking to us at this exciting time as we build for the future,” she added. “Anthony will be a key stakeholder in helping forecast and shape our strategic roadmap to deliver our purpose.
“As we welcome Anthony, I would also like to thank Paul Astruc for the integral role he has played navigating our strategic review process as CFO over the last two years.”
The mutual said the appointment marks another key C-level addition to its senior leadership team, following the arrival of Paul Howley as chief technology and transformation officer. It also announced the appointment of a new sales director last November.
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