Yorkshire appoint HSBC banker as new chief executive
Yorkshire Building Society has appointed a senior HSBC banker as its new chief executive. Chris Pilling will replace Iain Cornish at the top of the UK's second largest building society by the end of this year.
The building society has ambitions to grow and is offering some particularly cheap mortgages through its broker lending arm - Accord Mortgages.
Yorkshire took over Barnsley Building Society in 2008, followed by Chelsea Building Society last year and more recently struck a deal to take over the savings and mortgage division at the online bank Egg.
Members of the Norwich & Peterborough Building Society voted in favour of a merger with the Yorkshire this week. The deal is expected is go ahead by November this year after 89.61% of savers and 87.22% gave their support to the move.
August 26, 2011
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