Chief executive of the Principality Building Society, Julie-Ann Haines, has announced she is standing down after 18-years with the 海角视频’s sixth biggest mutual.
The Cardiff headquartered business, which has assets of £14.1bn, has confirmed she will be succeeded by chief financial officer Iain Mansfield as chief executive designate from October 13th, before taking up the role formally, subject to regulatory approval, next month.
Aberdeen-born Ms Haines held various senior positions with the mutual before being appointed chief executive in 2020.
She steered the business through the pandemic, served on the Prime Minister’s 海角视频 Business Council, as well as implementing an ambitious growth strategy, which is on track, to double the size of the business and reach one million savers by 2030.
She said: “It has been such a privilege to lead Principality through what has been a truly transformational period. Together, we have helped thousands of people into homes, supported our savers and delivered a real and lasting impact through our partnerships and initiatives.
"I have been so proud to lead our dedicated and passionate colleagues, to share in their achievements, and confident that the business will continue to thrive under new leadership.”
Her successor Mr Mansfield first joined Principality in 2015, with previous roles including being chief operating officer and managing director of subsidiary Nemo. Appointed chief financial officer in 2022, he has experience across retail banking, start-ups and private equity-backed consumer financial services business across the 海角视频.
On his new role he said: “It is a real honour to be appointed chief executive at Principality Building Society – a 165-year-old business with a rich history. Julie-Ann leaves the society in a strong position, and I look forward to working with the Board, colleagues and Members to accelerate our transformational journey to ensure we are fit for the next generation.”
Most Read
The mutual’s chairman, Simon Moore, said; “On behalf of the board, I would like to thank Julie-Ann for her contribution to Principality. Under her leadership, the Society has delivered consistently strong results with significant growth.
"Julie-Ann has championed mutuality by putting our members at the heart of decision making, through our commitment to the high street, investing in our savings product and digital proposition and in our market leading customer service. We are grateful for her efforts, and wish her every success in her new role which she will commence in the middle of 2026.”
On Mr Mansfield’s promotion he said: “It is clear that Iain’s breadth and depth of expertise and experience are exactly what the society needs to take forward our ambitious strategy. His experience will be invaluable as we navigate the next chapter.”
The society , which remains committed to its high street presence, has 54 branches and 16 agencies in Wales and the borders.