Principality Building Society Principality appoints non-executive director (5673L)

TIDM10AI

RNS Number : 5673L

Principality Building Society

09 September 2019

News release

Embargo until 7am 09.09.19

Principality appoints leading financial technology expert as Non-Executive Director

Principality Building Society has appointed Debra Williams as Non-Executive Director to its Board.

Debra brings a wealth of board level experience and will bring considerable experience in the e-commerce and digital transformation arenas.

Debra's experience includes board level positions across the financial and fintec industry, including Admiral Group and Tesco Bank. Debra's CV also includes senior positions at Swansea University, Confused.com and Tesco Compare, where she was CEO during 2008-2010.

Debra's strong entrepreneurial drive is clear after founding Motokiki, the UK's first online comparison site for car tyres. Debra also has a passion for supporting future businesses through her advisory role on the Alacrity Foundation, which supports the development and scaling of start-up businesses.

Debra said of her appointment: "I'm delighted to be joining the board at Principality Building Society. As one of the most prestigious companies in Wales, Principality understands the importance of a prosperous community and has such a strong social conscience. The Society holds a special place in my heart as it is an important part of my own local community.

"The opportunity to work with a mutual society with a commitment to delivering real value to its Members is an honour and one which I appreciate greatly. I look forward to joining at an exciting time for the organisation and working closely with the team to ensure the continued success of such an important and historical organisation."

Laurie Adams, Chairman of Principality Building Society said:

"I'm delighted that Debra has joined our board. Debra brings a great depth of relevant digital, fintec and transformation experience which will be of great value as we seek to improve the products and services we offer for current and future generations of Members."

To find out more, visit www.principality.co.uk

Notes to Editors

   --      Formed in 1860, Principality is Wales's largest building society. 

-- The Society is committed to supporting the communities of Wales, with 53 branches and 17 agencies in Wales and the borders.

   --      Principality is the 6th largest building society in the UK. 
   --      The Society has assets of GBP10.1 billion. 
   --      Principality is committed to remaining a mutual organisation. 
   --      www.principality.co.uk 

For more information please contact:

Bethan Jones

Working Word PR

02920 455182

[e-mail]

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

END

BOAEQLFBKKFZBBL

(END) Dow Jones Newswires

September 09, 2019 02:01 ET (06:01 GMT)