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OneFamily boosts board with financial services heavyweights

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  • 16/08/2016
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OneFamily boosts board with financial services heavyweights
Mutual society OneFamily has expanded its board membership with appointments from Royal London, Bupa, Lloyds Banking Group and Zurich.

OneFamily is the result of a merger between Family Investments and Engage Mutual in April 2015. Its latest hires are part of the mutual’s strategy to strengthen its leadership and introduce further lending experience to its senior team.

Teddy Nyahasha takes up the position of chief financial officer, joining the mutual from Royal London. He brings with him over 20 years of financial services experience and will also become a member of the company board.

As chief risk officer, Philippa Herz comes to the role from Bupa with 25 years’ experience in risk management and conduct regulation within financial services.

Graham Lindsay and Steve Colsell join OneFamily as non-executive members.

Lindsay held a number of senior executive roles at Lloyds Banking Group, before retiring after 40 years, including responsibility for the Lloyds branch network. Colsell’s background is in banking, insurance and mortgage lending, with, among other firms, Zurich Insurance, Lloyds Banking Group and Kensington Group.

Chief executive Simon Markey said: “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.”

The lender launched two lifetime mortgage products in May and has plans to offer an inter-generational mortgage this summer.

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