Teachers Building Society has appointed Dean Fensome as interim chief executive.
Fensome, who will also continue in his role as finance director, joined Teachers in May 2015.
He has over 30 years’ experience in financial services, having held senior roles at the Royal Bank of Scotland and Direct Line Group.
His appointment follows Jamas Bawa’s departure to be the new chief executive of Monmouthshire Building Society after being at the helm for 14 years .
Fensome said: “We have very solid foundations here at Teachers Building Society, with great capital strength, a unique proposition of helping teachers to own their own homes and a reputation for delivering truly personal service.
“I know I speak for the whole team here at Teachers when I thank James for his long and distinguished service to the Society and wish him all the very best in his new role at the Monmouthshire.”