New FD for the Tipton and Coseley

New FD for the Tipton and Coseley

The Tipton and Coseley Building Society has announced the appointment of Andy Lumby as its new finance director.

Lumby (pictured) will be responsible for the day-to-day running of the mutual’s finance department, treasury matters, budgetary control and financial forecasting, as well as helping shape future strategy through his board role and is a member of the Tipton’s Assets & Liabilities Committee.

He qualified as a Chartered Accounted in 2002 while working at PwC. Prior to joining the society, Lumby gained 14 years experience at a large regional building society.

Lumby said: “I was attracted by the Society’s focus on delivering personal service to members as well as its future strategic plans. There is a great deal to achieve in the years ahead and I look forward to using my past experience to help make a positive contribution to the society’s future success.”

Richard Newton, the Tipton and Coseley’s chief executive, added: “Andy’s industry knowledge, understanding of the workings of a large regional building society and proven track record will be a significant asset to the Tipton and we’re delighted to have him on board.”