Meet The Nottingham's Board

The Board of The Nottingham includes two full-time executive directors and six non-executive directors. The Board, which normally meets monthly, is responsible for directing and supervising the Group’s affairs. It sets the strategy for the business, ensures that the correct financial and human resources are in place for the Group to meet its objectives and reviews management performance. 

The Chairman is responsible for leading the Board and is not involved in the day-to-day management of the Society. 

There are a number of Board Committees to which the Board has delegated authority – the Audit Committee, the Nominations Committee, the Remuneration Committee and the Risk Committee.

Please see the Board and Committee membership and their Terms of Reference below.

Current Board of Directors 

Chairman: John Edwards
I joined the Board in February 2012 and was appointed Chairman in May 2014. In my executive career, I have held a number of roles at a CEO level in the insurance and investment sector, retiring in 2009 from Lloyds Banking Group where I was CEO of their International Financial Services Division. I  was the senior independent non-executive director of the LV Group until September 2015 and am currently a non-executive director of Saga Services Ltd.

Vice-chairman: Jane Kibbey BSc, MCIPD
I joined the Board in 2006 and have a wide of experience in financial services and human resources. I worked in a range of high profile companies, retiring as Group Human Resources Director for Prudential Plc after holding the role for nine years.

Chief Executive: David Marlow* ACIB
I joined the Board in January 2006 and previously held the role of Retail Director before taking the role of Chief Executive in March 2011.Before joining The Nottingham I held a number of senior posts in retail banking, including Managing Director of A&L Direct, Director of Contact Centre Operations and Director of Current Accounts and Savings at Alliance & Leicester. I am a director of Nottingham Property Services Ltd, Nottingham Mortgage Services Ltd, The Mortgage Advice Centre (East Midlands) Ltd, The Mortgage Advice Centre (East Midlands) Ltd, Harrison Murray Ltd and HM Lettings Ltd. I am also a member of the Building Societies Association Council. 

Chief Operating Officer: Simon Taylor* ACIB MBA
I joined the Board in February 2011 and am responsible for Customer Service, Distribution, the Branch Network, Marketing and I.T. I am also the Chairman of Nottingham Mortgage Services Ltd, Nottingham Property Services Ltd, Harrison Murray Ltd, HM Lettings Ltd and The Mortgage Advice Centre (East Midlands) Ltd. I joined the Society from Lloyds Banking Group where I was Regional Director for the North of England. Prior to this I had responsibility for running one of Lloyds Bank’s largest contact centres.

Finance Director: Daniel Mundy* BA (Hons)
I joined the Board in April 2017 as Finance Director. I have over 20 years’ experience in the finance services industry and prior to joining The Nottingham, I held a number of senior roles in retail banking organisations, which include Co-operative Bank, Nationwide, Santander, Yorkshire Building Society and the Financial Services Authority. I am responsible for Finance, Treasury, Credit Risk along with delivery of the Group strategy and business planning activities.

Andrew Neden MA, FCA
I joined the Board in 2014. I am a Chartered Accountant with over 30 years’ experience in financial services in the UK and overseas. I spent a number of years running KPMG’s UK financial sector transaction services team and was the global chief operating officer for KPMG’s financial services business. My current directorships include the Wesleyan Assurance Society and Youth Business International and I also chair the Audit Committee for both organisations.

Kerry Spooner LLB (Hons) 
I joined the Board in September 2016 having spent most of my 20 year legal career at Allen & Overy LLP as a commercial lawyer and Partner covering many different types of M&A and equity capital markets work. My 10 years of non-executive experience includes the Market Harborough and Leek United Building Societies as well as Scotiabank Europe PLC where my responsibilities included Vice Chairman, Senior Independent Director and Remuneration Committee Chairman. 

Kavita Patel 
I joined the board at the beginning of the year. I am a partner and Head of Investment Funds at the law firm, Shakespeare Martineau. I have a wealth of experience advising clients in the financial services arena both in the retail and institutional space on corporate, regulatory and governance matters.

*Executive Director

To read our Board Terms of Reference, please click here.

Board Committees

This committee has responsibility for the Society’s financial reporting and systems of internal control. It also has oversight of both Internal Audit and External Audit operations and effectiveness.

  1. Andrew Neden
  2. Jane Kibbey
  3. Kerry Spooner

To read our Audit Committee Terms of Reference, please click here. For our Internal Audit Charter please click here.

This committee is responsible for recommending a succession plan to the Board of Directors.

  1. John Edwards
  2. David Marlow
  3. Jane Kibbey

To read our Nominations Committee Terms of Reference, please click here.

This committee makes recommendations to the Board on the general remuneration policy of the Society and specifically on the remuneration of Executive Directors. The committee also has oversight of the remuneration of both the Society’s senior management team and Remuneration Code staff.

  1. John Edwards
  2. Kerry Spooner
To read our Remuneration Committee Terms of Reference, please click here.

This committee is responsible for ensuring key risks are identified and steps taken to mitigate them. It ensures consideration is given to all significant matters relating to governance, control, regulatory and compliance issues and that adequate capital is maintained to cover the Group’s key risks.

  1. John Edwards
  2. Jane Kibbey
  3. David Marlow
  4. Andrew Neden
  5. Simon Taylor
  6. Kerry Spooner
  7. Kavita Patel
To read our Risk Committee Terms of Reference, please click here.

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