The Building Societies Association has appointed Sarah Harrison as chief executive, changing Robin Fieth.
Harrison will be part of from the UK Government Cabinet Office the place she is at present chief working officer.
She has over 30 years in strategic management roles as a public servant, working for each regulators and authorities.
In an announcement, the BSA says Harrison’s intensive senior expertise of presidency and regulation, her experience in communications and company affairs and her management roles in relation to each client engagement and digital transformation ideally equip her to tackle the management of the BSA at such a pivotal second.
Harrison says: “As a robust advocate of the customer-ownership enterprise mannequin I really feel actually privileged to be requested to hitch the BSA, representing constructing societies and credit score unions which offer important monetary providers to shoppers and communities throughout the UK.
“With the Government’s dedication to double the dimensions of the mutual and co-operative economic system, now could be such an thrilling time for the sector and an actual alternative to contribute to the expansion and well-being of the UK economic system.
“Financial providers are crucial to the Government’s development ambitions and I’m wanting ahead to working with the sector and stakeholders to make sure constructing societies and credit score unions pursuits are on the coronary heart of this ambition.”
BSA chair Julie-Ann Haines says: “After an in depth recruitment course of, we’re delighted that Sarah has agreed to steer the BSA. She involves us with important management expertise alongside vitality and keenness for the mutual mannequin.
“I’m assured she is going to present the strategic management to proceed to develop the position of constructing societies and credit score unions on the coronary heart of a thriving UK monetary providers sector.
“I want to thank Robin Fieth for the excellent contribution he has made throughout his 12 yr tenure. Having joined the BSA whereas the sector was nonetheless bruised from the de-mutualisations of the Nineteen Nineties and the 2008 monetary disaster he has led us again to the thriving coronary heart of economic providers with mutuals on the march. We want him all the perfect for the long run.”
