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.
• READ MORE: New chief for Scottish Building Society
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.