Newbury Building Society appoint new Chief Risk Officer

Newbury Building Society have appointed Lyndsey Hayes as Chief Risk Officer ahead of the retirement of Lee Bambridge.

An experienced risk professional, Lyndsey joined the Society in May. She has over 20 years of experience in risk management and compliance roles, including managing a multi-billion pound retail mortgage portfolio at Barclays and senior risk roles at Coutts and Royal Bank of Scotland in the UK, Jersey, and Gibraltar.

Most recently, she was Chief Risk Officer at a fintech start-up, establishing the risk framework and obtaining accreditation from the British Business Bank to enable Enterprise Finance Guarantee-backed lending.

I’m thrilled to be joining the Newbury. I was attracted by the Society’s strong customer service ethos, which provides excellent support and service to members over the long term. It also focuses on the wellbeing of its talented people and has a strong social purpose within the communities it serves.

Lyndsey Hayes, Chief Risk Officer Newbury Building Society

Lyndsey will have overall responsibility for risk and compliance, ensuring the Society’s position as a trusted provider of mortgages and savings continues to be supported by a strong risk management framework. She will become a member of a number of executive committees, as well as attend the Risk and Audit Committees.

Phillippa Cardno, Chief Executive, said: “I am incredibly pleased to welcome Lyndsey to the Executive team. Her expertise in senior risk roles at financial services organisations of all sizes will be invaluable as we continue to navigate an unpredictable operating environment. I look forward to working with Lyndsey, who will be instrumental in sustaining and developing our robust risk frameworks.”

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