Added: 4 October 2016
Richard Norrington appointed Chief Executive Officer (Designate) at Ipswich Building Society
Ipswich Building Society has confirmed the appointment of Richard Norrington as Chief Executive Officer (Designate). Richard will assume the role of Chief Executive Officer in December 2016, following the retirement of Paul Winter who has led the business since 2007.
Richard Norrington has extensive leadership experience in the financial services sector, in a career spanning nearly three decades. He spent 16 years with Barclays Bank PLC, and, more recently, ten years at Clydesdale & Yorkshire Bank where as regional director he had responsibility for the East of England area.
Sarah Evans, Ipswich Building Society Chairman, commented: “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, our current Chief Executive Officer, 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.”
Richard Norrington added: “I’m looking forward to working alongside the Chairman, Board and colleagues at the Ipswich Building Society to support its members. It will be a priority for me to continue the community focus the Society has developed as part of its long history as a mutual.”
Paul Winter will continue to fulfil the functions of his role as Chief Executive Officer until his departure and during a planned transition period.