Ipswich Building Society has appointed Richard Norrington as chief executive.
Norrington will assume the role in December, following the retirement of current chief executive Paul Winter, who has led the business since 2007.
Norrington has held leadership roles in the financial services sector for nearly three decades, having spent 16 year with Barclays and, more recently, ten years at Clydesdale and Yorkshire Bank where he was regional director for the East of England.
Ipswich Building Society Chairman Sarah Evans said: “Following a thorough selection process I am delighted to confirm Richard Norrington’s appointment. Not only has Richard been active in leadership roles within our sector which make him the right fit for this role, but his experience and knowledge of our heartland region will equip him with a solid understanding of our members’ needs.”
“We are grateful to Paul Winter for the tremendous commitment and energy he has shared with all of us. Paul has steered us through a multitude of changes in the sector and helped place the Society on the map as a responsible business, extending pride in our mutual status and commitment to local communities.”