Corporate Governance - About the Board
Teachers Building Society is a mutual organisation, with a Board of Directors elected by its members. The directors stand for re-election at the Society’s Annual General Meeting at least once every three years.
Roy joined the Board at the beginning of 2009 after a career in the financial services sector, mainly as Finance Director. After 16 years with the Lloyds TSB group, Roy left to do a short stint with Ernst & Young before entering the mutual sector in 2002 as the Finance Director of Liverpool Victoria based in Bournemouth. He has now retired from his full-time executive role. Roy is an actuary by training and is currently a member of the Board of Bournemouth University. He is an enthusiastic supporter of mutuality and the benefits that membership can bring. He firmly believes that Teachers has a unique role to play in the financial lives of teachers and aims to bring his own financial experience to bear in the stewardship of members’ funds and interests. Roy was a Trustee and Chairman of the Society’s pension scheme from 2010 until March 2013, and in January 2013 he became Chairman of the Audit & Risk Committee. Roy was confirmed as Chairman of the Society in April 2014.
Simon was appointed Chief Executive Officer and joined the Board in February 2017. He previously held a number of senior positions at Nationwide Building Society including Branch Network Director, Managing Director Personal Loans and Head of Mortgage Administration. More recently, at BlackRock as Chief Administration Officer in the Retail business and prior to that, Chief Operating Officer for the UK Pensions business. He holds an MBA from Henley Business School, a Diploma in Management Studies from Oxford Brookes, as well as qualifications in mortgages and financial planning.
He believes the Society is well placed to thrive and grow by helping more teachers to own their homes. As a focused mutual organisation, its strength lies in offering a distinctive mix of deep sector expertise and a track record of personal service, delivered by a team who are passionate about their customers.
Alex joined the Board in November 2012 and has extensive marketing experience at Board level within private equity and publicly listed consumer sector companies. She is currently Global Brand Vice President for Unilever plc and previously led the growth of the then private equity backed "Simple" skincare brand. Prior to that, Alex spent over 15 years in the retail/leisure industry, and was Marketing Director of Esporta and Fitness First. She was also MD of integrated advertising agency, Hare Carding Communications, for 6 years. She has a strong interest in public services and is Senior Independent Director of the Royal Bournemouth & Christchurch NHS Foundation Trust as well as Chairman of Patient Experience & Communications and Organ Donation. Alex is a supporter of mutuality and believes her wide experience in the consumer retail sector will help to provide a focus on customer needs in Board discussions. She also has a strong belief in open, honest and clear communication between the Society and its members and potential customers.
Ian joined the board in July 2015. He has over 25 years experience as a secondary school teacher in Newcastle upon Tyne and is an active member of the National Union of Teachers (NUT). He is currently the Newcastle NUT Association Secretary and National Executive member for Tyne and Wear. He also chairs one of the NUT's main committees.
Andrew joined the Board in March 2014 and is an experienced Board Executive and currently a CFO in the Co-operative Group. Previous positions include senior executive roles at Lloyds Corporate Bank and Alliance & Leicester. He believes that Teachers Building Society is an example of what a specialist, mutual lender can offer its members and that, with a reputation for providing an excellent level of service and passionate staff, it is well placed to flourish.
Paul joined Teachers following his retirement as CEO at Ipswich Building Society at the end of 2016. He led the Ipswich through the financial crisis during which time it grew strongly and significantly improved its profitability. A firm believer in the unique role of mutuals, Paul developed a strategy to build a strong connection between the Society and its members and also an important place in its community. This led to a number of awards for himself and the Society culminating in the award of an MBE in 2015 for his work in helping to develop the skills and employability of young people in Suffolk.
Patrick joined the Board in May 2015 and is an executive director. His areas of responsibility include legal matters, as well as oversight of regulatory compliance and risk management. Patrick is a solicitor and began his career in a City law firm, specialising in mergers & acquisitions and commercial law. In 1993, he moved out of private practice into industry and, over the following 18 years, held a number of senior commercial and legal positions in the aerospace sector. He joined Teachers in 2011 as the Society’s solicitor. Patrick is committed to maintaining the Society’s traditions of integrity and high ethical standards and believes that a mutually owned building society is uniquely placed to ensure the fair treatment of borrowers and savers alike.