Bole will join with more than 30 years of experience in financial services. He has previously held the role of chief financial officer at Tesco Bank and Virgin Money, where he went on to become group integration director.

He currently serves as chief financial officer of esure Group and has played a key role in the group’s digital transformation programme.

YBS chair Annemarie Durbin says: “Peter has considerable experience in the financial services sector. His skills and knowledge will be of considerable value to Yorkshire Building Society and the Board as we continue to grow in the years ahead.”

Bole adds: : “I’m delighted to be joining Yorkshire Building Society. Its strong mutual heritage and purpose-driven approach was particularly appealing, and I look forward to using my experience to support the Society as it grows for the benefit of its members, customers and communities.”