Management
Nationwide is run day-to-day by a senior management team overseen by an elected Board of Directors.
Board of Directors
1. Graham Beale
BSc, ACA
Term of Office:
Executive Director of Nationwide Building Society since April 2003, Chief Executive since April 2007.
Independent: No
Skills and experience (including directorships):
Graham joined the Society in 1985. He is a chartered accountant by training and was appointed to the Board as Group Finance Director in April 2003. He took up his current role as Chief Executive in April 2007. Prior to his appointment to the Board, he worked extensively in the Finance function and held a number of senior, general management positions within the Society. As Chief Executive, Graham leads the strategic direction of the Group and oversees its operation through chairing the Executive Committee which comprises the Executive and Group Directors. Graham is a member of the Financial Services Practitioner Panel.
2. Chris Rhodes
BSc (Hons), ACA
Term of Office:
Executive Director of Nationwide Building Society since April 2009.
Independent: No
Skills and experience (including directorships):
Chris joined Nationwide in April 2009 from Abbey Santander, where he was Director of Retail Distribution for Alliance and Leicester (A&L). Chris is the Group Retail Director and his responsibilities include Nationwide's product range, distribution, online channels, consumer finance and customer strategy and marketing. Chris has spent 20 years working in the financial services sector and his previous positions include Deputy Managing Director of Girobank and Retail Operations Director of A&L. In 2003 he was appointed as Managing Director Retail Banking for the entire A&L Group. In 2007 Chris moved to become Group Finance Director, a role he held until the merger with Santander in 2008.
3. Geoffrey Howe
MA (Cantab)
Term of Office:
Non Executive Director of Nationwide Building Society since January 2005, Chairman since July 2007.
Independent: Yes
Skills and experience (including directorships):
Geoffrey has considerable regulatory, management and legal experience in financial services, insurance and investment markets. Geoffrey is currently the Chairman of Nationwide Building Society and of Jardine Lloyd Thompson Group plc. He is also a director of Close Brothers Group plc. He was formerly Chairman of Railtrack Group plc, a director of Investec plc, a director and General Counsel of Robert Fleming Holdings Limited and Managing Partner of international law firm Clifford Chance.
4. Rita Clifton
MA (Cantab), FRSA
Term of Office:
Non Executive Director of Nationwide Building Society since July 2012.
Independent: Yes
Skills and experience (including directorships):
Rita holds a number of non-executive roles including at BUPA and Populus and is a former non-executive director at Dixons Retail plc. She is also a trustee of WWF-UK, and sits on the Assurance and Advisory Board for BP's carbon off-setting programme. Rita has over 20 years' senior management experience in a range of roles, with an expertise in demonstrating how brand is an integral part of long-term business strategy and in analysing and understanding consumer perceptions and behaviour. Her executive career has been in advertising, strategic marketing and market research; she was previously Chairman and Chief Executive at Interbrand UK Ltd, and prior to that Vice Chairman at Saatchi & Saatchi. During her career Rita has advised, at the most senior level, some of the UK's best known organisations, including British Airways, Barclays, BT, Citigroup, Visa and the British Army.
5. Mitchel Lenson
MBA, BA (Hons), ACIB, FSI
Term of Office:
Non Executive Director of Nationwide Building Society since July 2011.
Independent: Yes
Skills and experience (including directorships):
Mitchel has spent nearly 30 years in the financial services industry and is a former Group Chief Information Officer at Deutsche Bank with responsibility for IT and Operations for all operating divisions of the bank, including its retail banking operations. Mitchel was a member of the executive committees for both the Corporate and Investment Bank and the Private Client and Asset Management Division. He has also served as Managing Director, Global Head of Operations & Operations IT at UBS Warburg and as Director, Group Operations at Credit Suisse First Boston. More recently Mitchel was a partner of Olivant & Co, an investment company providing strategic and operational expertise alongside investment capital to financial services businesses in Europe, the Middle East and Asia-Pacific and was a non executive director of NYFIX, a NASDAQ listed company.
6. Alan Dickinson
MBA, BSc (Hons), FSS, FCIB, FCIBS
Term of Office:
Non Executive Director of Nationwide Building Society since June 2010.
Independent: Yes
Skills and experience (including directorships):
Alan has spent more than 40 years in banking, originally joining the Royal Bank of Scotland in 1973, having started his career with Westminster Bank in 1968. He is an experienced retail and corporate banker and a former Executive Committee member of the RBS Group and Chief Executive of RB UK. Alan is also a non executive director of Carpetright plc and Frogmore Property Company Limited, a governor of the charity Motability and Honorary Treasurer of Surrey County Cricket Club.
7. Tony Prestedge
Term of Office:
Executive Director of Nationwide Building Society since August 2007.
Independent: No
Skills and experience (including directorships):
Tony is the Chief Operating Officer and was previously Executive Director Group Operations of Portman Building Society. He has held a number of senior executive roles at Barclays PLC, including Managing Director Home Finance and Retail Support and Operations Director. He was a member of both Woolwich plc and Barclays Retail Banking Executive Committees. Tony is accountable for the Group's operational strategy, performance and transformation and his divisional reports include Customer and Product Operations, Technology, Transformation Delivery, Telephone Channels and Group Services. Tony is a board member of Opportunity Now.
8. Lynne Peacock
BA (Hons)
Term of Office:
Non Executive Director of Nationwide Building Society since July 2011.
Independent: Yes
Skills and experience (including directorships):
Lynne, a former Chief Executive of National Australia Bank's (NAB) UK business and Chief Executive of Woolwich plc, has over 25 years' senior management experience in a range of roles comprising brand development, mergers & acquisitions, change management and business transformation, including 15 years at board level. During her time at NAB, Lynne was responsible for its businesses in the UK consisting of the Clydesdale and Yorkshire Bank. She became Chief Executive of Woolwich plc in October 2000 following its takeover by the Barclays Bank Group, having previously held a number of senior management and board positions at the Woolwich Building Society, both before and after its conversion to a public listed company in 1997. Lynne is a non executive director of Scottish Water and Standard Life plc.
9. Roger Perkin
MA (Cantab), FCA
Term of Office:
Non Executive Director of Nationwide Building Society since April 2010 and Senior Independent Director since July 2012.
Independent: Yes
Skills and experience (including directorships):
Roger is a former partner at Ernst & Young LLP and has spent 40 years in the accounting profession. During his time at Ernst & Young he worked with many blue chip clients and advised boards across the spectrum of financial services, including banking, insurance, fund management and private equity. He is also a non executive director at Electra Private Equity plc, chairing its Audit Committee and a former non executive director of The Evolution Group plc. Additionally, he is a trustee of two charities, Chiddingstone Castle and Crime Reduction Initiatives.
10. Michael Jary
MA (Oxon), MBA, FRAS
Term of Office:
Non Executive Director of Nationwide Building Society since January 2009.
Independent: Yes
Skills and experience (including directorships):
Michael is a Partner of OC&C Strategy Consultants, a global strategy consulting firm with 15 offices worldwide, and served as Worldwide Managing Partner of the firm from 2005 to 2011. He is an advisor to the boards of leading retail and consumer companies in Europe, the USA and Asia. He is a regular commentator on the retail industry, the co-author of a number of books including "Retail Power Plays" and a guest lecturer at INSEAD Business School. He is also the Chairman of Duchy Originals and of The Prince's Social Enterprises.
11. Mark Rennison
BA, FCA
Term of Office:
Executive Director of Nationwide Building Society since February 2007.
Independent: No
Skills and experience (including directorships):
Mark, a chartered accountant, is the Group Finance Director with responsibility for Finance, Treasury, Group Legal and Compliance, Group Internal Audit, and Business Protection. He is a director of various Society subsidiaries. Prior to his appointment, Mark was a partner at PricewaterhouseCoopers LLP where he worked in the financial services practice with a specific focus on retail and corporate banking. He has also worked extensively with group treasury operations, leasing and asset finance businesses.
Senior management team
Graham Beale
Chief Executive
Mark Rennison
Group Finance Director
Chris Rhodes
Executive Director Group Retail
Tony Prestedge
Chief Operating Officer
Graeme Hughes
Group Director, Distribution
Iain Laing
Chief Risk Officer
Alison Robb
Group Director, People, Customer, Communication and Commercial
Robert Aldrich
Divisional Director, HR Business Partnering & Operations
Tony Alexander
Group Risk Director
Larry Banda
Divisional Director, Branch Network (North)
Martin Boyle
Divisional Director, Business Transformation
Michele Faull
Divisional Director, Financial Reporting & Tax
Mark Goldman
Divisional Director, Central Distribution
Bryce Glover
Divisional Director, Commercial
Jenny Groves
Divisional Director, Customer Experience
Simon Hamilton
Divisional Director, Enterprise Development
Greg Heaton
Divisional Director, Branch Network (South)
Terry Kaye
Divisional Director, Customer Service & Operations
Liz Kelly
Divisional Director, Group Legal & Compliance ( General Counsel)
Phil McCabe
Divisional Director, Core Platforms
Andy McQueen
Divisional Director, Customer Strategy and Marketing
Richard Napier
Divisional Director, Mortgages and Savings
Steve Nowell
Divisional Director, Business Protection
Anne Obey
Divisional Director, Audit (Chief Internal Auditor)
Graham Pilkington
Divisional Director, Banking, Insurance and Investments
Lee Raybold
Divisional Director, Financial Performance
Andy Townsend
Divisional Director, Treasury
Simon Waite
Group Secretary