Management restructure at Skipton

Amanda Jarvis

December 19, 2005

With the Society and its 16 subsidiaries forming one of the most profitable mutuals in the sector, a new position of group corporate development director has been created, to ensure the Group remains on target for future growth. Leading in this new role will be David Cutter, currently the Society’s operations director, who will be assisted by two group commercial directors – Peter Craddock (currently the Society’s general manager customer services) and Steve Haggerty (currently managing director of subsidiary company, Homeloan Management Ltd).

Taking over the reins from David Cutter as chair of the Society’s operational board will be Richard Twigg, who will also continue in his role as finance director. Helping him will be James Mack (currently head of audit), who will become general manager finance.

Rounding up the restructure is John Gibson, who as well as retaining responsibility for the Society’s regulatory compliance, will take over from Peter Craddock as general manager of customer services.

Commenting on the changes, chief executive, John Goodfellow, said, “The future growth plans of the Society are the catalyst for these major changes at executive level. As always our focus is on delivering value to members. By utilising the skills and experience of our executive team and staff, I predict Skipton will continue its trend of profitable growth in the future.”

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