Dunfermline and Lambeth building societies have app ointed new chief executives.
Dunfermline chief David Smith will retire in March. He has been director and chief executive since 1987 and chairman of the Building Soc ieties Association since last year.
Smith will be replaced by Graeme Dalziel, who steps up from fin ance director.
David Chalmers will rem ain as deputy chief executive responsible for the society's social housing business and overall lending policy.
Chairman John Herd says: “David Smith will leave with our thanks and gratitude for what the society has achieved under his leadership. How ever, I am very pleased to ann ounce his successor, Graeme Dalziel, who has made a very considerable impression in a short period of time.”
Lambeth's new chief executive is Chris Radford, who moves up from operations director. He replaces David Hayward, who left in July.
Chairman Michael Haines says: “Chris Radford exactly fits the profile of the man we need to take the society forward and we are all excited by the appointment.”