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Goodfellow takes chair

Skipton Building Society chief executive John Goodfellow has been elected as chairman of the Building Societies Association.

He takes over from Britannia Building Society executive vice-chairman Graham Stow, who held the post for the past year.

Goodfellow&#39s former role as BSA deputy chairman will be filled by Stroud & Swindon chief executive John Parker.

Goodfellow has been chief executive of Skipton for 12 years. He says: “I am delighted to be taking over as chairman at a time of renewed vigour and confidence in the building society sector. As mutuals, we have a key role to play in offering financial services to consumers, challenging the mortgage banks on product innovation, price and levels of service.

“Building societies are not hidebound by the banks&#39 first principle – paying dividends to shareholders.”

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