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Chelsea appoints new chairman

Chelsea building society has appointed Nationwide executive director Stuart Bernau as chairman.

Chelsea’s outgoing chairman Trevor Harrison, who is 70 this month, has announced that he will be retiring from the board on July 31.

Bernau has been a main board director at Nationwide for over 12 years. He has also served as chairman of the Council of Mortgage Lenders and the Financial Services Sector Skills Council.

Harrison says: “It has been an honour to serve on the board at Chelsea for the last fourteen years, especially the last three and half in my capacity as chairman. I am delighted to be handing over to Stuart, who has a wealth of building society knowledge and experience at the highest level.”

Bernau says: “I am delighted to take over the position of chairman at Chelsea and on behalf of the board and our members I would like to thank Trevor for his dedication, service and commitment to Chelsea.”

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