Scottish Building Society makes key hire to boardroom

The Scottish Building Society has made a key appointment, bringing in Margaret MacKay to join its board of directors.

Scottish Building Society said Margaret MacKay brings a 'wealth of experience' to its board. Picture: Contributed

MacKay, who began her career with HBOS, latterly was managing director, Scotland and Ireland division, with Peel Ports. She can boast more than 36 years’ experience in plc, Aim-quoted and family-owned businesses.

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Scottish Building Society chief executive Mark Thomson said: “Margaret joins the board at a pivotal time in its long history as we move forward with our digital strategy.

“She brings a wealth of business leadership experience and her skills in human resources and marketing will be extremely valuable as we shape the society’s future. I look forward to working with her.”

Established in 1848, the Edinburgh-based mutual has six branches and 61 agency offices across Scotland. With some 30,000 members, it has mortgage assets of £311.3 million and savings balances of £365m.