Ipswich Building Society has hired a chairman by promoting Alan Harris from non-executive director, effective 1 December 2017.
He was hired after Sarah Evans, who joined the board in 2008 and has been in the chair since 2013, retired.
Harris is a chartered insurer and fellow of the Chartered Insurance Institute. He was previously chief executive at Avon Insurance PLC and holds an MBA from City University Business School.
He holds non-executive roles with three Aegon companies and is a governor and director of Prince Henry’s High School Academy Trust.
Richard Norrington, chief executive at Ipswich Building Society, said: “We are thankful to Sarah Evans for her invaluable contribution to the society over the last nine years.
“Sarah led the process in actively strengthening the Board during her time as chairman, as well as overseeing a complete IT migration and guiding our pioneering involvement in assisting Mortgage Misfits.
“We are pleased to welcome Alan Harris as our new chairman and are confident that, under his leadership, the Board will continue to deliver significant value for our members.
“We are thankful to Sarah Evans for her invaluable contribution to the Society over the last nine years.
“Sarah led the process in actively strengthening the board during her time as chairman, as well as overseeing a complete IT migration and guiding our pioneering involvement in assisting Mortgage Misfits.”
The society has also appointed Steve Liddell, a financial services partner at Mazars, as non-executive director.
Liddell will be appointed to the board as a non-executive director starting from 30 November 2017.
He has experience in audit and transactions services work where his clients have included large insurance brokers and underwriters both in the UK and internationally.
Norrington added: “We are also pleased to welcome Steve Liddell to the Society as non-executive director.
“His skills and experience in audit and transaction advisory work will be invaluable as we continue to adapt to changing regulation and market conditions while providing members excellent service and returns.”