New Darlington Building Society has appointed Andrew Craddock as its next chief executive. He is set to begin his new role on 1 December, subject to regulatory approval.
Craddock (pictured) brings more than 30 years’ experience to the role, and comes from Buckinghamshire Building Society, where he served as chief executive for four years. Before this he spent time at Allied Irish Bank and Barclays.
He will replace Colin Fyfe, who announced his departure in March after four years at the building society.
Darlington BS chairman Jack Cullen says: “We are extremely pleased to have appointed someone with this level of experience and calibre who shares the values of the Society. We firmly believe that in Andrew we have someone who can lead the Society to the next stage of our clearly-defined strategy.”
In further news, vice-chair and board member Alison Thain will be leaving New Darlington. She joined as a non-executive seven years ago.
On this exit Cullen says: “We are extremely grateful to Alison for all her work with the Society and will miss her contributions at our board meetings and sub-committees. Everyone at Darlington Building Society wishes her well for the future and would like to thank her for her commitment and good counsel.”
Bob Cuffe will take Thain’s place, subject to regulatory approval.