TISA appoints Nationwide’s Larry Banda to the Board
TISA, the financial services membership association, has appointed Larry Banda, divisional director financial planning, protection and investments at Nationwide as a Non-Executive Director.
At Nationwide Larry Banda has responsibility for the entire protection and investments operation including product, information technology, risk, transformation and distribution through a network of 300 financial planning managers and Nationwide’s video conferencing full advice service.
He was appointed to his current role at Nationwide in September 2015 having led the branch network in the north as divisional director for the previous four years. His prior roles include head of group telephony, head of sales for Nationwide Direct, head of mortgages, marketing director and managing director of specialist lending (The Mortgage Works) as well as area and regional roles within the branch network including wealth management.
David Dalton-Brown, TISA Director General said:
“We are delighted that Larry has agreed to join our Board. Nationwide is the world’s largest building society and one of the largest savings providers in the UK with an enviable reputation for the excellence of its customer service. A key aim of TISA is to help the industry to better engage with the consumer in order to drive up the levels of personal savings in the UK. Larry’s expertise and experience will be invaluable to us as we further develop and implement our policy proposals.
“Our pan-industry approach on a broad range of strategic and technical issues is being increasingly recognised by Government and the regulators. We look forward to working with Larry as we continue to enhance these relationships and broaden our industry reach.”
Larry Banda, Divisional Director Financial Planning, Protection and Investments at Nationwide commented:
“At Nationwide, as a building society, our savers are very important to us. We look after the needs of over 15 million members many of whom have more than one savings account with us. I know that TISA share this consumer focus, which is why I am delighted to have become a member of its Board. I look forward to working with my colleagues to create an even better environment in which consumers can save for their future.”
At its Annual General Meeting last year TISA confirmed the appointments of Elissa Bayer – senior investment director at Investec Wealth & Investment and David White, managing director – retail at Zurich UK Life as Non-Executive Directors, while Baroness (Jeannie) Drake, CBE was appointed as an advisor to the Board.
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For further information please contact:
Alistair Kellie – Telephone: 0207 680 6558/Email Alistair.Kellie@newgatecomms.com
Sara Neidle – Telephone: 020 7680 6550 / Email Sara.Neidle@newgatecomms.com
Email: TISA@newgatecomms.com
Notes for Editors
TISA is a not-for-profit membership association operating within the financial services industry. The focus of our recommendations and actions is improved outcomes for consumers and UK plc with this approach leading to a stronger UK financial services industry.
TISA’s growing membership comprises over 150 firms involved in the supply and distribution of savings and investment products and services. These members represent many different sectors of the financial services industry, including asset managers, insurance companies, fund managers, distributors, building societies, investment managers, third party administrators, consultants and advisers, software providers, financial advisers, pension providers, banks and stockbrokers.
Having a legacy of focusing predominantly within the tax incentivised products area, TISA has in recent years moved into the broader savings and investments world, extending our standing as trusted adviser over a much greater remit.
TISA has a successful track record in working cooperatively with government, regulators, HMT, DWP and HMRC to improve the performance of the industry and the outcomes for the public. Effective policy and regulation and the creation of efficient industry infrastructure continues to be the major focus for our members. TISA is unique in that it represents the entire financial services industry, incorporating cross-sector policy, industry and technical expertise. Whilst we maintain a solid partnership with government, the regulators and wider industry, we remain independent and develop neutral views and opinions. This impartiality is reflected in our ability to drive development projects which improve industry performance and consumer outcomes, putting us in the unique position of being able to constantly challenge the status quo to bring about material improvement.