Nationwide’s divisional director for financial planning, protection and investments Larry Banda has been appointed as a non-executive director of the Tax Incentivised Savings Association.
At the building society he has responsibility for the entire protection and investments operation, including product, information technology, risk, transformation and distribution, through a network of 300 financial planning managers.
Mr Banda was appointed to his current role at Nationwide in September, having led the branch network in the north as divisional director for the previous four years.
His prior roles include head of group telephony, head of sales for Nationwide Direct, head of mortgages, marketing director and managing director of specialist lending at the Mortgage Works.
David Dalton-Brown, director general at Tisa, said Mr Banda’s expertise and experience will be invaluable in developing and implementing future policy proposals.
He said: “Our pan-industry approach on a broad range of strategic and technical issues is being increasingly recognised by government and the regulators. We look forward to working with Larry as we continue to enhance these relationships and broaden our industry reach.”
Mr Banda added that Tisa shares Nationwide’s consumer focus, which is why he was happy to take up the role. “I look forward to working with my colleagues to create an even better environment in which consumers can save for their future.”
ruth.gillbe@ft.com
