Paragon Bank has appointed former Leeds Building Society chief executive Peter Hill as a non-executive director.

From 2011 until his retirement in 2019, Hill (pictured) was Leeds Building Society CEO. He is currently a non-executive director and chairman of the risk committee for Pure Retirement and chairman of Mortgage Brain.

Hill also becomes a member of Paragon Banking Group’s risk and compliance committee (RCC) and will take over the chair of the RCC on 31 December 2020 when current incumbent Finlay Williamson steps down.

Paragon Banking Group chairman Fiona Clutterbuck says: “We are delighted to welcome Peter to the board. His retail banking experience as a CEO of a large building society, together with his knowledge of the financial services sector more generally will be invaluable in his role, in due course, as chairman of Paragon’s Risk Committee.”

Hill adds: “I am delighted to be joining the board and am looking forward to sharing my knowledge and experience to support Paragon’s strategy of continuing its development as a leading specialist bank.”