Beverley Building Society has promoted Janet Bedford from Finance Director to Deputy Chief Executive. Last year CEO, Peter Myers announced that he would leave Beverley Building Society. Bedford will lead the society for an interim period until a new chief executive is announced in the Summer.

Peter Myers said: “I am thrilled that Janet has taken the opportunity to become deputy, she is a great asset to The Beverley and since her appointment in 2014, has driven a series of improvements around managing net margin, improving internal systems, IT and moving to a paperless office. The main aim of this is to streamline our processes and service provision so that our counter and mortgage teams can spend more time providing first class customer service.”

“Our AGM at the end of April will deliver good news for our members. Profits before tax is £337K, the second highest in the last six years and continues to build the society’s strong capital position. In addition, loyal local savers have contributed to a 5% growth in the Beverley’s balance sheet. Janet has agreed her plans with the board and we are certain the local property market will benefit from our new products.”