Monmouthshire Building Society is pleased to announce the appointment of Iestyn Evans as their new Chief Finance Officer.

Iestyn has over 20 years’ experience in Financial Services, having worked in high profile, senior positions across the sector. For the past six months, Iestyn has been working as Interim Chief Finance Officer at the Society, before moving into the permanent role this month.

Before joining the Society, Iestyn helped to create Monument Bank, a new challenger bank, which has grown from zero to £2 billion of assets within two and a half years. He has held a variety of positions in financial services, having worked for Deloitte, Lloyds Banks, Target, HBOS and Mirror Group newspapers. He has an MBA and holds the position of Non-Executive Director for the Development Bank for Wales.

Monmouthshire Building Society Chief Executive, Will Caroll, said: “We are delighted to be welcoming Iestyn into a permanent role in the Society. Iestyn brings valued experience to the role, continuing to strengthen our Executive leadership team. As we continue our journey to becoming a more modern mutual, Iestyn will be an asset to the team and our members.”

Iestyn added: “It’s a really exciting time to be joining the Society as we continue our journey towards becoming a modern mutual.

“The Society has a long-established heritage in Newport and the surrounding areas and it’s great to be back in Wales, supporting local communities. In these ever changing times, our strong vision and purpose means we can continue to serve our members for many more years to come. I’m thrilled to join the Society in this permanent position and look forward to the opportunities ahead.”