Nationwide Makes Major Announcement for All Customers ‘effective April 1’

Key Highlights

  • Nationwide announces Mike Rogers as new Chair of the group effective April 1, 2026.
  • Mike Rogers will join the Board as an Independent Non-Executive Director and Deputy Chair on April 1, 2026.
  • Kevin Parry OBE, Nationwide’s current Chair, will step down after a successful tenure.
  • Nationwide’s Senior Independent Director, Tracey Graham, praises Mike Rogers for his extensive experience and leadership credentials.

New Leadership at Nationwide: A Smooth Transition for the Future

Nationwide has announced an important shift in its leadership structure, marking a new chapter in the company’s history. The group is set to welcome Mike Rogers, who will assume the role of Chair on July 16, 2026. This transition is part of a broader strategy to ensure continued growth and stability within the financial services sector.

Mike Rogers: A Promising Leadership Candidate

Mike Rogers has been selected as the next Chair of Nationwide, Virgin Money, and Clydesdale Bank PLC, following a rigorous search process. Rogers brings with him extensive industry experience, which aligns perfectly with Nationwide’s mutual values and strategic goals.

According to Tracey Graham, Senior Independent Director at Nationwide, “After a thorough evaluation, the Board is delighted to appoint Mike Rogers as our next Chair.” Graham emphasized that Rogers’ background and skills will be crucial in guiding the society through its future challenges. “He stands out as an ideal candidate with strong leadership credentials,” she added.

Kevin Parry: A Legacy of Leadership

The outgoing Chairman, Kevin Parry OBE, has been a driving force behind Nationwide’s success over the years. Joining the Board in 2016 and becoming Chair in 2022, Parry has played a significant role in transforming the strategic direction of the society. His tenure will come to an end on July 15, 2026.

Parry expressed his satisfaction with the Board’s choice: “I am very pleased with the Board’s decision to appoint Mike Rogers as my successor,” he said. Parry highlighted Rogers’ wealth of experience and relevant perspective, adding that he is confident under Rogers’ leadership, Nationwide will continue its high-performance culture and deliver member benefits.

Strategic Guidance for Nationwide

Nationwide’s future under Mike Rogers looks promising. As the Chair-elect, Rogers has expressed his commitment to building on Nationwide’s strong performance and supporting its mutual values. “Nationwide has an important role as the UK’s largest building society,” Rogers stated. “I have long admired its member-focused ethos and look forward to working with my fellow Board members and management team.” His appointment underscores a continued focus on member satisfaction and the societal mission that Nationwide holds dear.

Kevin Parry’s tenure, marked by significant achievements, will leave a lasting impact on Nationwide. The transition from Parry to Rogers is expected to be seamless, ensuring continuity in leadership as Nationwide moves forward into its next phase of growth.

The appointment of Mike Rogers as Chair and the retirement of Kevin Parry represent an important milestone for Nationwide. As the financial services industry continues to evolve, this change signals a new era of leadership that will shape the future direction of the society.