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New Darlington gets new chief executive

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.


Andrew Bester announced as new Co-op Bank chief executive

Co-op Bank, which last year signed a £700m deal to meet regulatory requirements, has confirmed that Andrew Bester (pictured) will begin working as its new chief executive as of today. Bester replaces Liam Coleman, who stepped down after a year and a half in the position. The bank’s new boss was group director of Lloyds for […]


ERC appoints Jim Boyd as chief executive

The Equity Release Council has appointed Jim Boyd to the newly-created role of chief executive. Boyd (pictured above) has held a range of senior roles in financial services, where he has focused on retirement, pensions and long-term care funding. He helped launch Just Retirement in 2004, and was its first head of external communication. He […]


Two weeks until new HMO rules come into force

New rules for landlords who rent out houses in multiple occupation, which Mortgage Strategy first reported on in June, come in to force on 1 October. The new rules, drafted by the Ministry of Housing, Communities and Local Government, will, “further protect private renters against bad and overcrowded conditions and poor management practice,” says housing […]

Jelf flexible benefits

In Focus: How to choose a flexible benefits provider — seven top tips

Jelf Employee Benefits looks at some of the key considerations employers should think about when reviewing and choosing a flexible benefits provider. Choosing the right benefits for your employees is one thing but delivering a successful employee benefits strategy is about understanding the complete picture and delivering it in a personalised way so that it resonates with each and every individual in your business. 


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