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Abbott new chairman of Scottish Building Society

by: Karin Wasteson
  • 17/08/2017
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Abbott new chairman of Scottish Building Society
Raymond Abbott has been appointed chairman of Scottish Building Society - the world's oldest mutual.

Abbott (pictured) takes over the role from Rob Golbourn, who will remain as non-executive director until he retires from the board in October. Abbott was appointed in July.

A chartered accountant, Abbott has been vice-chairman and senior independent director at the society since 2015 and a member of the board since 2013. Previously he was the managing director of Alliance Trust Equity Partners.

“We have prospered through keeping sight of the importance of putting our member’s interests first and will continue to hold true to our core values of sound financial management and community benefit whilst keeping pace with the very best developments in financial services,” said Abbott.

Former Clydesdale Bank executive Jack Ogston becomes vice–chairman and David Peebles is now senior independent director.

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