Dudley BS appoints new CEO as Jeremy Wood retires

The board has been conducting a search for a replacement and have appointed James Paterson as its new CEO. James will join the Society in May and take over in July subject to regulatory approval.

James is currently director of banking and marketing at Secure Trust Bank, prior to which he held senior roles at Coventry Building Society.

Jeremy Wood said: “It’s been an enormous privilege and we’ve come a long way in positioning Dudley as a really credible regional Society.”

Dudley’s chair, Peter Hubbard, commented: “The board is grateful to Jeremy for what has been achieved over the last ten years in particular helping us to reach more members than ever, and in later years ensuring we have been able to provide support to members during the pandemic. We remain excited about the future and in particular doing the best for our members. We are confident that James will continue to help us drive The Society forward.”