"He is a leading figure in UK financial services with extensive business experience and a successful career at the UK’s prudential regulator."
Coventry Building Society has announced that Martin Stewart – director of banks, building societies and credit unions at the Prudential Regulation Authority – will join the Board as a non-executive director and chair of the board risk committee in September.
Martin's career spans 18 years at board level as an executive and non-executive, as well as senior roles in the building society and consultancy sectors.
Over the last eight years he has led the redefinition and implementation of the UK’s post-financial crisis prudential regulatory regime, initially as head of UK banks and mutuals and then in his role at the PRA.
Last month, Coventry announced that Iraj Amiri – currently a member of the regulatory decisions committee at the FCA – will also be joining the Board as a non-executive director
Gary Hoffman, chair of Coventry Building Society, said: “I am delighted to announce Martin’s appointment as non-executive director of Coventry Building Society. He is a leading figure in UK financial services with extensive business experience and a successful career at the UK’s prudential regulator.
“He combines his deep understanding of regulatory and commercial matters with a leadership style based upon values of honesty, trust and integrity. These values are very much the values of Coventry Building Society, and are why Martin will be such a fantastic addition to our Board.”
“His expertise will be invaluable as the Society continues to grow and develop for the benefit of our members.”
Martin Stewart added: “I’m very excited to join Coventry’s Board. The Society stands out for its record of putting members first and looking after its employees, as shown recently when it became a Times Best 100 Companies to Work For 2018. I look forward to working with my Board colleagues and the Society’s employees to maintain this proud record.”