Yorkshire BS names new chief executive

Yorkshire BS names new chief executive

Yorkshire Building Society has named Mike Regnier as chief executive.

Mr Regnier, who joined the society in 2014, is currently chief customer officer and executive director. 

He is expected to take up the role at the UK's second largest building society on 1 January 2017, subject to regulatory approval.

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Mr Regnier, who has 20 years of corporate experience in consulting and retail financial services, was formerly products and marketing director at Lloyds Banking Group, where he was responsible for the re-launch of the TSB brand on the UK high street.

He has previously held senior positions at HBos, Asda and the Boston Consulting Group.

He will replace Chris Pilling, who announced in June that he would step down at the end of the year

John Heaps, chairman of Yorkshire Building Society, said: "Mike's commitment to mutual values, his engaging style of leadership and his clear strategic outlook will all help to ensure he builds on the society's continued success.

"During his time at Yorkshire Building Society, he has demonstrated his considerable commercial command and financial experience, essential qualities in ensuring we continue to deliver long term value and excellent service to both existing and future members.

"I would also like to thank Chris for his tremendous contribution to the society's success and wish him well for the future."