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Ex-Barclays Executive joins Scottish Building Society as Non Executive Director

Posted: 19th August 2019

Scottish Building Society today (Monday 19th August) announced leading banker Andrew Hastings has joined its board as a non-executive director.

Andrew’s distinguished career started at the Royal Bank of Scotland in 1985 and after a spell at BNP Paribas Ireland he went on to lead Barclays Bank Ireland as CEO for four years.

The father-of-three, from Maybole, South Ayrshire, said he was delighted to be joining the world’s oldest building society at the beginning of a new era under Chief Executive Paul Denton.

Andrew’s non-executive portfolio includes Ireland’s Electricity Supply Board, Pepper Finance Corporation and Elavon Financial Services DAC.

He said: “I am excited to join the board of such a historical and innovative financial service provider like Scottish Building Society and I am looking forward to be advising a business which puts people at the heart of its services.

“As the society recently welcomed Paul as the new Chief Executive, I feel we are at the start of an exciting era and I am greatly looking forward to being a part of it.”

Chairman Raymond Abbott said: “We are pleased to welcome Andrew on to the Scottish Building Society’s board. Andrew has significant knowledge of the industry and his extensive skillset and experience will make him an excellent asset.”

Andrew is passionate about sport, especially the Carrick Rugby Club. In his spare time he enjoys road trips such as the North Coast 500 and South West Coastal 300 and has completed several long-distance walks across Scotland including the John Muir Way.

With 33,000 members, the Society is the world’s oldest mutual member-owned society, having celebrated its 170th birthday last year.

Scottish Building Society has raised its profile through sponsorship of the Scottish Women’s Premier League and has seen a fifth consecutive year of mortgage book growth with pre-tax profits ahead of plan to £1.03 million.

Business Comment

Business Comment is the Edinburgh Chamber of Commerce’s bi-monthly magazine. It provides insight on Edinburgh’s vibrant business community, with features on the city’s key sectors, interviews with leading figures and news on new business developments in the capital.
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