Nationwide Building Society announces the appointment of Guy Bainbridge as a Non-Executive Director of Nationwide, Virgin Money and Clydesdale Bank Boards with effect from 1 February 2026. Guy will also become a member of the Audit Committee and Board Risk Committee. Following a handover, Guy is designated as the future Chair of the Audit Committee, succeeding the current chair, Phil Rivett after the AGM in 2026, subject to regulatory approval.
Guy Bainbridge’s biography is set out below. Guy is currently a Non-Executive Director and Chair of the Audit Committee at Manulife Financial Corporation, Non-Executive Director and Chair of the Audit Committee at ICE Clear Europe Limited and Non-Executive Director and Vice Chair of the Board at Yorkshire Building Society. Having served for seven years, Guy is stepping down from his role at Yorkshire Building Society on 31 December 2025.
Nationwide also announces that Anand Aithal, a Non-Executive Director of Nationwide, Virgin Money and Clydesdale Bank, has decided to step down from his Board responsibilities on 31 December 2025. As previously communicated on 30 September 2025, David Bennett, also a Non-Executive Director of Nationwide, Virgin Money and Clydesdale Bank, will step down from the Boards on 31 December 2025.
Kevin Parry OBE, Chairman, remarked:
“Guy brings extensive experience in financial services and governance, having held senior roles in audit and risk oversight across financial services and has invaluable experience of the mutuals sector. His appointment strengthens the Board’s expertise in audit and risk oversight, governance leadership, and strategic acumen in financial services.”
“I would also like to thank Anand Aithal and David Bennett who will step down from the Board. They both made important contributions to the Society’s strategic direction and governance during their tenure, and the Board is grateful for their service and commitment.”
