Pilling (pictured), said he is planning to pursue “new and different” opportunities but has not confirmed details of his next venture. He will remain in his position at the Yorkshire until a replacement is found.
According to his LinkedIn page, Pilling has previously held roles in a variety of retail and financial services firms, including heading up First Direct as CEO from April 2006 to September 2008 and holding roles at HSBC.
Pilling said: “From a personal perspective, I believe now is the right time for me to do this and for the board to appoint a new chief executive to continue to take the Society forward. The Society is in a strong position despite the challenging markets and it has been a privilege to have been part of its recent history and success. In the meantime, it is business as usual.”
Chairman John Heaps said the process of finding a successor for Pilling had already begun.
“It is with regret that I have to announce that our chief executive Chris Pilling intends to step down. This is entirely a personal decision on Chris’s part. I would like to thank Chris for his tremendous contribution to the continuing success of the Society over the past five years,” he said.
“Chris has provided outstanding and strong leadership and demonstrated a deep commitment to ensuring that our members’ interests are at the centre of everything that we do. He has developed an excellent management team and they remain clearly focused on continuing to manage the Society.”