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OneFamily takes big step forward by strengthening leadership team

Posted in: Corporate Date added:

OneFamily, the financial mutual, has announced new senior executive and non-executive board member appointments, strengthening its leadership team and introducing further lending experience, a significant step in its strategic journey to deliver on the creation of the modern mutual.

Teddy Nyahasha has been confirmed as the mutual’s new Chief Financial Officer and Philippa Herz has just taken up the post of Chief Risk Officer.

Teddy Nyahasha will join OneFamily as their new Chief Financial Officer, having worked within the mutual sector for the last few years with Royal London. He brings with him over 20 years’ of financial services experience and will also become a member of the Company Board.

Philippa Herz has joined as the new Chief Risk Officer. Philippa has a successful track record of risk management and conduct regulation within the financial services sector spanning 25 years, most recently at Bupa.

As well as strengthening its executive team, OneFamily has appointed two new non-executive board members, Graham Lindsay and Steve Colsell.

Graham Lindsay held a number of senior executive roles at Lloyds Banking Group, before retiring after 40 years, including responsibility for the Lloyds branch network. He also holds other non-executive roles in the financial services and charitable sectors.

Steve Colsell joins the OneFamily Board after a career in banking, insurance and mortgage lending, notably with Zurich Insurance, Lloyds Banking Group and Kensington Group. He also holds other non-executive roles in the financial services sector.

“These appointments will further enhance our governance and leadership capabilities and mark another important step in our journey to deliver on our ambitious strategy to create the modern mutual.”

Commenting on the appointments, Chief Executive Simon Markey said:

“I’m delighted to announce these new executive and non-executive appointments, which complete our newly strengthened leadership and governance team.

“Our 2015 year-end results showed that we have already taken significant strides on our journey towards creating the modern mutual, delivering a substantial increase in our financial strength, as well as improved operating efficiency and new business sales.

“These appointments will further enhance our governance and leadership capabilities and mark another important step in our journey to deliver on our ambitious strategy to create the modern mutual.

“We have set out our mission to provide products and services to enable families to work together to meet the financial demands of modern life and a strong leadership team and excellent governance are vital to achieving this goal.”

These appointments follow the successful 2015 Annual Results and launch of the OneFamily Lifetime Mortgage product earlier this year.

OneFamily Chairman, Christina McComb said:

“We are delighted to welcome Graham and Steve to the Board and to have engaged two such talented executives as Teddy and Philippa.”