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.”