Principality Building Society has appointed Iain Mansfield as its Chief Operating Officer.

Mansfield has worked as a chartered accountant in the retail banking and private equity sector for more than 15 years. He joins Principality from the company’s second charge loans subsidiary Nemo.

Principality Chief Executive Steve Hughes says: “Having clearly demonstrated his capability to the Board over the past year, Iain will be accountable for ensuring we will drive the delivery of our technology changes so the Society continues to provide fantastic service to our customers and members.”