A veteran of the international financial services sector has joined The Cumberland Building Society as a non-executive director.
Richard Pike has enjoyed a varied career spanning 30 years which has included holding senior leadership roles at organisations including the Permanent TSB in Ireland, Governor Software, and the National and Cybersecurity Society in the US.
Richard said: “I am honoured to join the board of The Cumberland at such an exciting and dynamic time for the business.
“I look forward to contributing to The Cumberland’s continued success and to working with my fellow board members to uphold the highest standards of corporate governance to continue to provide a ‘kinder banking’ experience for customers.”
Jackie Arnold, non-executive director and chair elect at The Cumberland, said: “Richard’s strategic insights and commitment to best practices in corporate governance align perfectly with how we want to drive business forward.”
Mr Pike joins fellow board members Ms Arnold, Des Moore, Richard Ellison, Kelli Fairbrother, Vicky Bruce, Mark Stanger, Cameron Marr and Anna Barsby.
The society recently announced that Ms Arnold will become the new chair of the board, the first woman to hold the post in its 174-year history.
She will succeed John Hooper, who is stepping down at the society’s annual general meeting, on July 22.
The Cumberland, headquartered in Carlisle, is Cumbria’s largest financial institution with assets of £3.2bn and mortgage lending of £2.59bn in the year to March.
