West Bromwich Building Society appoints new chairman

A top financial services job at West Bromwich Building Society has gone to Mark Nicholls, a former director at investment bank Warburg.

Mr Nicholls has been appointed chairman of the building society after a five-year association with the firm that began when he joined the company's board in 2004.

He has held a range of top financial services jobs in the past, including a period as managing director of Royal Bank of Scotland's private equity business.

Robert Sharpe, chief executive of West Bromwich Building Society, told the Birmingham Post that Mr Nicholls was the right man for the job.

"I can think of no one who fits the requirements of chairman better," Mr Sharpe said.

"Mark will provide a significant contribution to the future direction of the society."

He is to replace current incumbent Brian Woods-Scawen in the top financial services job.

In October, the company appointed Robert Sommers, a former chief financial officer with Barclaycard US, as a non-executive director.

Updated: 30 December 2009.
Categories: finance-and-accounting, market-and-industry-news.