View more on these topics

Norwich and Peterborough chief elected as BSA chairman

Norwich and Peterborough Building Society chief executive Matthew Bullock has been elected Chairman of the Building Societies Association for 2006-2007.

He replaces Nationwide Building Society chief executive Philip Williamson, who has held the post for the past year.

Before becoming chief executive of Norwich and Peterborough in 1999, Bullock had a broad banking career spanning investment banking, credit risk management, retail banking and savings/investments, and corporate and high tech banking.

Yorkshire Building Society chief executive Ian Cornish has taken over as deputy chairman from Matthew Bullock.

Bullock says: “I look forward to an interesting year. The impacts of Basel II and of the FSA’s drive towards principles based regulation will require much fresh thinking – on the structure of the mortgage market and on a new compliance architecture. Key elements in the latter will be defining consumers’, distributors’ and producers’ responsibilities in investment and lending markets; defining evidential provision in individual cases of complaint and in enforcement, and achieving all this in a way that lowers the costs of regulation. The contribution of mutual building societies to these debates will be important.”

Recommended

‘Set aside politics to give NPSS 20 years’

The pension debate needs to be depoliticised if Lord Tuner’s NPSS is to survive long enough to improve pension saving, warned ABI director general Stephen Haddrill. Speaking during a panel debate at the IEA conference, Haddrill said if the NPSS is to last 20 years, party politics must be set aside and the policy backed […]

Curry favour

Hats off to Lansons Public Relations executive Jeena Nadarajan when asking a stroppy editor about his dietary requirements on behalf of a client and getting email complaints about wild mushroom in mushroom gratin. She replied: “If I was the cook, you would all get vegetable samosa, fish cutlet and a variety of chutneys, masala dosa […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment