Hinckley & Rugby Building Society has appointed Barry Carter as chief executive as of 2 January 2024.
Carter is currently the society’s chief operating officer, holding the role since July 2022. Prior to joining Hinckley & Rugby, he was COO at HSBC Private Bank.
Current chief executive Colin Fyfe will step down after five years in the role to take up the position of chief executive at Unity Trust Bank.
Unity Trust Bank chair of the board Colin Franklin says: “Colin leaves us in fantastic shape and with a great team of people in place, and we are incredibly grateful for all the good things that he has achieved. In passing the reins to Barry, he is handing over to someone who has already proved to be an effective leader, and who is clearly passionate about our Society and its members.”
Fyfe says:“I have thoroughly enjoyed my five years at Hinckley & Rugby, and I feel that’s about the ideal period for a chief executive. My plan was to make a big difference, and then hand over the reins to someone who would take the Society to the next level, and Barry is the right person to do that.”
Carter says: “As COO I have been working very closely with Colin Fyfe for the last eighteen months. We have shared a vision and have developed the society’s strategy together, enjoying a partnership with the same synergy that a chair and vice-chair would. Consequently, this feels like a very smooth and natural transition.
“In planning for this change, I have sharpened my focus on developing a truly customer-centric organisation. I have strong plans for growth, both in our business and in our people, and a strong desire to make us the most efficient and effective organisation that we can possibly be. That’s something I’m very passionate about.
“During the last eighteen months, I have come to understand the beating heart of the Society and its unique personality. I believe that my strong and highly participative style of leadership will continue to benefit the Society at every level, and that I will lead us into an even more prosperous future.”