Press Release Article

This article is intended for journalists to provide them with the latest news about Skipton.

Skipton appoints a new Chairman

1 March 2017 by Stacey Stothard

Robert East will become our new Chairman, replacing Mike Ellis who will retire from the Board after our AGM

Skipton Building Society today announces that Robert East will become the Society’s new Chairman, replacing Mike Ellis who will retire from the Board of the Society after this year’s Annual General Meeting (AGM) on Monday 24 April.

Mike has been Chairman of the Society for the past six years, overseeing the simplification of the Society’s business, the significant strengthening of its financial position and an increase in customer numbers.

Robert East is a Non-Executive Director of the Society, and currently chairs the Risk Committee. He also sits on the Remuneration and Nominations Committees.

Mike Ellis said:

"It has been a privilege to chair Skipton through a period of significant change that has resulted in a stronger building society focussed on delivering value for its members, as is evident from an enviable net customer satisfaction rating of 90%. The friendliest people in financial services doing their best for customers bring the culture of Skipton to life. And in Robert, I leave Skipton in very capable hands."

Robert joined the Board in 2011, bringing more than 40 years’ experience in, and understanding of, retail and commercial banking in the UK and internationally. Robert worked for 32 years in various roles with Barclays Bank latterly as Chief Risk Officer of Absa in South Africa. From 2010 to 2016, he was Chief Executive of Cattles Limited and oversaw its restructuring and wind down.

Robert East commented:

"I am very proud to be the next Chairman of Skipton Building Society. Mike has done a first rate job as Chairman during a period of considerable challenge and change. The increases in customer satisfaction, profits and financial strength achieved during this period are testament to this. I very much look forward to building on his work."

The Society’s AGM will take place at 6pm on Monday 24 April at Skipton’s head office – the Bailey, Skipton, North Yorkshire.

Today, the Society also releases its annual results for the year ending 31 December 2016. Full details of Skipton’s annual results can be found here.

Editors’ notes

Skipton is the UK’s fourth largest building society, with over 860,000 customers, £19.0bn of assets and a national presence represented by its network of 95 branches and 3 agencies. Skipton offers mortgages, savings and Restricted financial advice. It heads the Skipton Building Society Group, whose subsidiary companies include Skipton International Limited and significant interests in estate agency and related businesses through the Connells group.

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