You are here: Home - News -

Mitcham out, Burrows in as CEO at The Cambridge

by:
  • 13/11/2019
  • 0
Mitcham out, Burrows in as CEO at The Cambridge
The Cambridge Building Society has promoted Peter Burrows to chief executive, moving up from finance director.

 

Former chief executive Stephen Mitcham has stepped down “to spend more time with his family and pursue other interests,” The Cambridge said.

Burrows (pictured) joined The Cambridge as finance director in March 2016 and has 20 years’ experience in executive and consulting roles in financial services in the UK and overseas.

The Cambridge credited Burrows for its Rent to Home initiative for first-time buyers, which launched in April, as well as investments in its digital networks and infrastructure.

The initiatives had “helped to prove that The Cambridge has ambitious commitment to focus on innovations that will serve our community over the long-term,” the society said.

“I’m confident that we can build on our success as a thriving independent mutual and continue supporting people to have a home,” said Burrows.

Jonathan Spence, chairman at The Cambridge, added: “After a rigorous, summer-long selection process, Peter was our clear choice. I look forward to having the benefit of his financial expertise, along with his passion for community, to help grow our business.”

There are 0 Comment(s)

You may also be interested in

Read previous post:
Regulators open dialogue on advisers’ readiness for unforeseen shocks – Harpenden

The Bank of England, Prudential Regulation Authority and Financial Conduct Authority issued a joint discussion paper, ‘Building the UK financial...

Close