Iain joined the society in 1992 as corporate development manager, responsible for strategic planning and development of new initiatives. He subsequently held senior roles in insurance, financial services, product development and marketing before talking the chief executive role in 2003.
Commenting on his decision, Iain said: "The Yorkshire is exceptionally well placed, has an extremely strong and experienced management team and a very bright future. After nearly 20 years with the society, the last eight as chief executive, I believe that now is the right time to allow a new leader to take the society forward."
Ed Anderson, chairman of Yorkshire Building Society said: "It is with some regret that we have accepted Iain's resignation. Iain has provided strong and outstanding leadership and, above all, demonstrated a deep commitment to mutuality and ensured members remain at the heart of the business. He has guided the society successfully through the worst market and economic crisis in a generation and leaves it as a financially strong and successful independent mutual. The Board has started the process of finding a successor to build on Iain's achievements, and he will continue as chief executive throughout this period. We thank him for his tremendous contribution and wish him well in his future career.”
Iain is also chairman of the Financial Services Practitioner Panel.