Female deputy takes over building society reins

Janet Bedford DepCEO (1)

Janet Bedford has been promoted from Finance Director to Deputy Chief Executive of Beverley Building Society, in a move that follows a period of significant growth which has strengthened the executive base.
The move follows the announcement last year that CEO, Peter Myers will leave Beverley Building Society at the end of April 2017, following his five year improvement strategy. 
With this change comes opportunity and new a mortgage proposition, focusing on first time buyers who will have access to mortgages at ninety-five per cent. Ms Bedford will lead this and the Society for an interim period until a new Chief Executive is announced in the Summer.
Janet Bedford says:
“The Society has grown and changed so much under Peter’s leadership it is now in a position to have a broader executive base that will include myself as Deputy, Mark Marsden as Risk Director and the new Chief Executive. I am thrilled with the opportunity and enjoy seeing our ideas come to fruition for the benefit of the Society, its members and stakeholders.”
“Beverley Building Society has always had a good relationship with the local community. Our ethos differentiates us from other lenders as we have a commitment to provide a professional and friendly service with flexible, human underwriting capabilities. As we are based in the heart of the East Riding, we consider each customer on their own merit.”
In 2016 The Beverley lent £24.4 million, the largest proportion coming from the local Yorkshire region.  The Society is keen to help local first time buyers, with lower deposits, to access the housing market.  
Peter Myers says:
“I am thrilled that Janet has taken the opportunity to become Deputy, she is a great asset to The Beverley and since her appointment in 2014, has driven a series of improvements around managing net margin, improving internal systems, IT and moving to a paperless office. The main aim of this is to streamline our processes and service provision so that our counter and mortgage teams can spend more time providing first class customer service.”
“Our AGM at the end of April will deliver good news for our members. Profits before tax is £337K, the second highest in the last six years and continue to build the Society’s strong capital position.  In addition, loyal local savers have contributed to a 5% growth in the Beverley’s balance sheet. Janet has agreed her plans with the Board and we are certain the local property market will benefit from our new products.”
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