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Established in Newport in 1869 to help local people build homes, we now help people across Wales and England buy properties and save for their future.
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11 Apr 2022

Society appoints new Chief Finance Officer

The Society is pleased to announce the appointment of Tom Leach as our new and permanent Chief Finance Officer.

Tom has 20 years’ experience in financial services, and comes to the Society following a 4 year tenure as Finance Director at Bath Building Society. He will take over from Interim Chief Finance Officer Julian Bill in July 2022.

Chief Executive Will Carroll said, “We are delighted to be welcoming Tom to the Society. His values and vision are very much aligned with our ambition to deliver a modern mutual that supports members, colleagues and communities to thrive today and tomorrow. Tom’s experience and values will strengthen the Executive leadership team and we look forward to him joining. Tom’s transition into role will be made easier thanks to the work of our Interim CFO, Julian Bill.”

Tom has held a variety of senior and strategic positions in financial services, having worked for Deloitte, Principality Building Society where he rose to the role of Group Financial Controller, and more recently Bath Building Society where he has been the Finance Director since 2018.

The Society is confident that Tom will be a strong addition to the Executive Leadership team in terms of his professional skills and knowledge as well as his dynamic and person centred approach to leadership and organisational culture.

Tom said of his appointment, “I’m thrilled to be joining MBS and support the Society on its journey towards becoming a modern mutual. The purpose-led, innovative and forward thinking strategy is ambitious, and challenging, and builds on the Society’s 153 years of service delivery. This next phase of development will ensure the Society remains relevant for its members, colleagues and communities for another 150 years. The Community Bank proposition is really exciting and I’m looking forward to playing my part in delivering this venture.”