Stroud & Swindon Building Society chief executive David Hill is stepping down at the end of August after nine years at the mutual to pursue other interests.
Stroud & Swindon finance director Kevin Bounds will take over as acting chief executive while the building society searches for a permanent chief executive. Hill has been with the building society for nine years, first joining as finance director before becoming chief executive in 2006. Hill is the second building society chief executive to step down within a week after Chelsea Building Society chief executive Richard Hornbrook announced he is to leave at the end of August. Hill says: "Having experienced the changes in the sector over the last couple of years and taken the necessar...
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