The former chief executive of Teachers Building Society has taken on the lead role at Monmouthshire Building Society.
James Bawa replaces Andrew Lewis, who retired after 25 years at the society, 11 of which were at the helm.
Prior to joining Teachers, Bawa worked as chief executive at Scottish Legal Life following senior management posts at LV, Friends Provident and NM Schroders.
Bawa is a member of the Financial Conduct Authority’s Smaller Business Practitioner Panel and previously sat on the Financial Service Authority’s Regulatory Decisions Committee for six years.
Monmouthshire Building Society chairman, Haydn Warman says: “James’ proven commitment to high standards in service delivery coupled with his commercial acumen deeply impressed the Society’s Board in the run up to his appointment.
“He has a keen awareness of the Society’s heritage and strong reputation within Monmouthshire and the wider South Wales area and his appointment will reinforce our position in the community as a prominent provider of financial services designed to meet the needs of our growing membership.”
Bawa says continued: “As a member-owned financial organisation, I’m determined to strengthen the Society’s strategy of being the mortgage and savings provider of choice for people within our local area, and to bring back into focus our primary goal to help first time buyers buy their all-important first home.”