Society Appoints New Non-Executive Director

16 November 2015


The Society has strengthened its board with the appointment of a new Non-Executive Director, Nina Hingorani-Crain.

Ms Hingorani-Crain has almost 20 years’ experience in the financial services sector and has spent time living and working in France, South Africa, Nigeria and the Middle East. After graduating from King’s College London with an LLB Honours degree, and from the Sorbonne Paris with the French equivalent, she qualified as a Chartered Accountant with the Institute of Chartered Accountants in England & Wales.

Nina then spent 5 years working for Ernst & Young in their Corporate Finance practice, where a number of her clients were building societies, before being recruited to join the UK Financial Services Authority (FSA). In her 10 years working with the regulator she undertook a variety of roles, initially in international strategy representing the FSA globally alongside the IMF and World Bank. This was followed by management positions as the Chairman’s Principal Private Secretary and subsequently as Chief of Staff leading the demerger of the FSA and the creation of the new Financial Conduct Authority (FCA).

Whilst at the FCA, Ms Hingorani-Crain also undertook a 6-month strategic secondment to Age UK to inform the regulator’s strategy of placing consumer needs at the heart of its mandate. She brings a wide range of knowledge in conduct and consumer issues to the board and combines her non-executive responsibilities with charitable work focused on education and young people.

Commenting on her appointment, Nina said: “I am delighted to embark on this new challenge with Monmouthshire Building Society. Their recent achievement of one billion pounds in assets, coupled with their award-winning programme of community support, demonstrate the values of this Newport-based building society. I am a firm believer in the need for financial services firms that can understand and serve the needs of a diverse customer base. In my view mutual building societies like the Monmouthshire have an essential, and increasingly important, role to play in the sector today.”

She continued: “I’m excited to be able to bring my experience to the board, and will strive to ensure the ongoing success of this respected mutual financial institution which was established almost 150 years ago to meet the needs of the local people and takes pride in continuing to do so today.”

Monmouthshire Building Society Chairman, Haydn Warman, welcomed the new appointment, commenting: “We are delighted to appoint Nina to the Society’s board of directors. Nina’s highly successful career, including a number of roles with the former Financial Services Authority, will serve to complement the skills of our current board members, and we stand to benefit enormously from her extensive strategic knowledge.”

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