Principality Building Society has made number of key appointments to its executive team.

This follows the appointment of Iain Mansfield as the society’s chief executive in November.

The appointments include Tim Blackwell as chief financial officer and Graeme Forrester as chief risk officer.

Blackwell has been interim CFO since Mansfield’s appointment as chief executive.

His career spans over 30 years in financial services, including advisory roles whilst at leading professional services firms and finance roles across a range of banking institutions, most recently acting as CFO at Hampshire Trust Bank.

In addition, Blackwell will join Principality’s Board.

Forrester, who has been acting as interim CRO, has been driving a modern, risk aware culture to support the commercial and transformation agenda of the society.

He joined from Coventry Building Society where he served as interim CRO following the proposed acquisition of the Co-operative Bank.

Prior to that, Forrester has built decades of experience across retail, corporate and investment banking.

Mansfield says: “I am delighted to welcome Tim and Graeme to the Society. We have attracted top talent to transform our business for the next generation of Members. It is essential that we have highly relevant savings and lending experience around our Board and in our Executive team, focused on the markets we operate in but also with recent experience of strategic transformation.”