Teachers Building Society has made Ipswich Building Society’s former chief executive Paul Winter a non-executive director.
Winter (pictured) retired from Ipswich at the end of 2016 after leading it through the financial crisis.
He said: “I hope my experience as a CEO in the sector can assist the society as it faces the opportunities and challenges ahead.
“Teachers is a unique organisation with a very clear place in the financial services market. I am sure it has a very bright and strong future.”
He was awarded an MBE in 2015 for developing skills and employability for young people in Suffolk, while is he also a board member of the University of Suffolk, a Trustee of the Building Societies Association Pension scheme and chair of the New Anglia LEP Skills Board.
Roy Spragg, chairman of Teachers, said: “I’m delighted to welcome Paul to Teachers and I’m certain he will strengthen the board with his strong building society roots and in depth knowledge of working within a building society on a number of levels.
“I’m sure his knowledge will provide us with invaluable guidance on helping to meet the needs of teachers in England and Wales with mortgages and savings.”
Paul joins Spragg and current non-executive directors Ian Grayson, Andrew Lee and Alexandra Pike on the Teachers board.