Principality Building Society appoints new CEO

Steve Hughes has been named as the new Chief Executive Officer (CEO) of Principality Building Society. Hughes is currently the Finance and Transformation Director is set to move into the role in early March following Graeme Yorston’s decision to step down as CEO.

Laurie Adams, chairman of Principality said “After a rigorous selection process, I am delighted to announce Steve as our new CEO. His commitment to our mutual values, invigorating leadership, financial and commercial acumen will help ensure he builds on the society’s success. During his time at Principality Building Society, he has played an important role in keeping the society safe during some difficult economic conditions.”