He is one of the longest serving building society chief executives and guided the Melton through the financial crisis of 2008.

His successor will be Simon Taylor, who was chief operating officer at the Nottingham Building Society from 2011 to 2019. He was most recently interim chief commercial officer at the Saffron Building Society and will join the Melton on 1 June 2020.

Martin commented: “I am proud to have witnessed the transformation of the Melton and the part I have played alongside my colleagues in making it a better, more profitable modern society that continues to be relevant to its members.

“Social responsibility and care for our community is at the heart of the society and it is rewarding to see the difference it makes.  I will greatly miss the people I have worked with over the years, but feel happy in the knowledge that I will be leaving the society in the very capable hands of Simon.”