Iain Cornish is to take over as chief executive of the Yorkshire Building Society on July 1.
He takes over from David Anderson, who is leaving to become chief executive of Jobcentre Plus, part of the Department of Work and Pensions.
Anderson has filled the role of chief executive of the Yorkshire for seven years. Cornish is currently general manager of marketing at the society, having joined the company in 1992.
He has previously worked at Bradford & Bingley and KPMG.