Cirencester Friendly has hired John Quinn (pictured) as chairman to replace Martin King, who has retired from the board after two-years in the role.
Quinn joined the board as an independent director in 2012 and served as vice-chairman in 2014.
Previously he spent 36 years with Lloyds Banking Group, holding positions in branch and area management before becoming a senior manager in corporate and commercial banking – a role from which he retired in December 2011.
Paul Hudson, chief executive of Cirencester Friendly, said: “I would like to thank Martin for the energy and dedication he brought to Cirencester Friendly over the last two years.
“During his chairmanship, the society continued to grow both in terms of its reputation, membership and funds under management.
“I am confident that with the skills and experience John has he will make a very effective chairman.”
Quinn said: “I am very much looking forward to the role of chairman and continuing to work with my colleagues on the board, as well as the excellent staff at Cirencester Friendly, to further develop the award winning service that we offer members and advisers alike.”
Cirencester Friendly’s Board currently consists of nine directors, seven independent non-executive members plus CEO Paul Hudson and deputy CEO Peter Brown.