The Stafford Railway Building Society welcomes new Chair.

Jun 14, 2021

The Stafford Railway Building Society has appointed Joanne Hindle as Chair of its Board. 

Joanne who trained as a lawyer specialising in commercial law has worked in a variety of roles in the financial services industry for over 30 years, she finished her executive career as Corporate Services Director for the disability insurer, Unum.

Since 2008 she has held a range of Non-Executive roles which currently include Chair of the Shepherds Friendly Society, a Non-Executive at the Bank of London and the Middle East and until recently, Chair of Holmesdale Building Society.

Joanne succeeds Colin Lloyd who retired as Chair at the end of The Society’s AGM in February 2021. 

The Stafford Railway’s 2020 Financial Year continued its plan of steady growth and performance. Profit after tax was £0.85m against its previous year of £0.86m and it increased both its retail savings balances to £245.91m and mortgage balances to £197.70m respectively.

Karen McCormick, Vice-Chair commented;

I and the Board are delighted to welcome Joanne Hindle as our new Chair. Her considerable breadth of knowledge, experience and leadership in the financial services sector will be invaluable as we continue our journey of sustainable and profitable growth. 

Joanne Hindle, Chair of Stafford Railway Building Society commented;

I am very much looking forward at the chance to working with an organisation continuing on its growth journey. Growth comes in all dimensions, an increased product portfolio, new channels to market and increasing distribution channels. The building blocks are already in place and we will continue to drive the evolution, not revolution of what we already do exceptionally well.