The Building Societies Association has appointed Dick Jenkins as its deputy chairman in preparation for when he becomes chairman later this year.
Jenkins, the chief executive of Bath Building Society, takes up his post immediately and will become chairman in November, when current incumbent David Cutter, the group chief executive of Skipton Building Society, steps down.
Jenkins says: “This next year is going to be a challenge. But when is it not? The sector has just had a brilliant year and there is much to be cheerful about.
“I look forward to promoting the building society cause on a local and national level to parliament, the media, stakeholders and opinion formers over this next year.”