Board of Directors and Executive Management

(Chairman)

Ieuan joined the Board in May 2015 and was appointed Chairman in April 2018. He is a Chartered Accountant and a member of CIPFA. He was Director of Strategy and Finance at the DVLA for 12 years and previously Deputy Director of Finance and Performance for the NHS in England and Wales.  He worked for 20 years for major accountancy firms in audit, computer audit and consultancy for IT and business strategy.

(Chief Executive)

Alun joined the Society in May 2001 as Director and Chief Executive. Prior to his appointment, he had spent 20 years in retail, business and corporate banking starting with Williams & Glyns Bank Plc and subsequently Bank of Wales Plc. He is a member of the Risk, Assets & Liabilities, Credit Risk Management and IT Committees.

(Non Executive Director)

Sophie was appointed to the Board in January 2023. Sophie is a Solicitor with over 13 years’ experience in commercial litigation with a specific emphasis on commercial debt recovery, professional negligence and acting for banks and building societies. She is a Director at JCP Solicitors in Swansea where she jointly heads up the firm’s Commercial Litigation team. She is also the firm’s Training Principal and an Associate Member of Nara (the Association of Property & Fixed Charge Receivers). Sophie is a member of the Remuneration, Nominations and Risk Committees.

(Non Executive Director)

Stephen joined the Board in May 2016 and was appointed Deputy Chairman in May 2019. He is a Chartered Accountant and a Fellow of ICAEW. He started his career at the Swansea office of accountancy firm Deloitte Haskins & Sells and after qualifying, he joined Coopers & Lybrand, now PwC. Before taking early retirement, he was Director of Financial Shared Services for Tata Steel Europe. He chairs the Remuneration and Nominations Committees and is a member of the Audit and Risk Committees.

(Non Executive Director)

John was appointed to the Board in November 2017. He held several senior roles during a long career with Barclays including as Head of Swansea, Mid and West Wales Corporate Banking and as Head of Wales, Corporate Banking. He is Vice Chair of Cadwyn Housing Association and an Independent Member (Finance) at Cardiff and Vale University Health Board. He is Chair of the Audit Committee and is a member of the Risk Committee.

(Non Executive Director)

Andrew joined the Board in January 2019. He is a Chartered Surveyor with over 35 years experience in practice within the Mid, West and South West regions of Wales and is a founding partner of Morgan & Davies Estate Agents. He is a member of the Remuneration, Nominations and Audit Committees.

(Non Executive Director)

Malcolm was appointed to the Board in January 2022, having worked in retail and commercial banking for 40 years. He began his career with NatWest, before spending over 25 years in Lloyds Banking Group, where he held senior risk and credit positions in the Group’s business and commercial banking divisions. Malcolm retired from executive roles at the end of 2019 after almost 6 years as the Chief Risk Officer of Paragon Banking Group. Malcolm’s previous Board experience includes roles as Chair of Citysave Credit Union Ltd, and as a director of the Agricultural Mortgage Corporation Plc and AMC Bank Ltd. He is currently also a non-executive director of Reliance Bank Ltd, where he Chairs the Board Conduct, Risk & Compliance Committee. Malcolm is Chair of the Society’s Risk Committee and a member of the Audit Committee.

(Non Executive Director)

Lynn joined the Board in January 2024. She is a Chartered Accountant and a fellow of both the ICAEW and the Chartered Institute of Public Finance and Accountancy. Lynn currently serves as the Comptroller and Auditor General (C&AG) of the States of Jersey, a 7 year fixed-term, part-time appointment that she commenced in January 1, 2020. Prior to this Lynn enjoyed a 30-year career with PwC, including latterly as Cardiff Office Senior Partner, responsible for leading the firm’s presence in Wales and personally overseeing audit and advisory assignments for clients in the private and public sectors. She is also Chair of the Welsh Sports Association.

(Finance Director)

Nathan joined the Society in July 2019 as Finance Director. He is a Chartered Accountant and prior to his appointment had spent 8 years at Deloitte specialising in providing assurance services to the bank and building society sector. He subsequently spent 4 years at Monmouthshire Building Society as Financial Controller. Nathan chairs the Assets & Liabilities Committee and is a member of the Risk, Credit Risk Management, and IT Committees.

(Director of Risk & Compliance)

Catherine joined the Society in January 2017 as a financial accountant, before moving to take responsibility for Risk & Compliance in June 2019. She is a Chartered Accountant with over 25 years’ experience within the South Wales area. She has worked in a variety of accountancy practices, both large and small, including spending 5 years as an external audit manager at KPMG. She also subsequently spent 8 years in industry as a finance manager at Tata Steel. She is Chair of the Conduct Committee and a member of the Risk and Credit Risk Management Committees.