Tracy has held senior management positions with three major Building Societies, Birmingham Midshires, Principality, where he was Managing Director, and Nationwide, where he was Divisional Director. He is a Fellow of the Chartered Institute of Marketing and is a chartered marketer. Tracy is Managing Director of Morshead’s Old Books Limited, Non-Executive Chairman of Mortgage Brain Holdings Limited, a leading financial services software company, and a Non-Executive Director of Newbury Building Society. Tracy joined the National Friendly Board in June 2009 as a Non-Executive Director and was appointed as Chairman of the Board effective from 1 April 2014.
The information provided below is intended to allow our
members to be better informed about the business and financial
position of the Society.
Shareholder Rights Directive
The Society is in the process of discussing with our asset managers and other advisers whether and how we develop an engagement strategy under the requirements of the Shareholder Rights Directive II. The purpose of an Engagement Policy is to set out how a life company monitors the strategy and performance, as well as the environment and social impact of the companies it holds shares in - either directly or through an asset manager. As a small mutual organisation we are in the process of assessing the degree to which this applies to our business, and will update this section of our website in due course.
(Chief Executive Officer)
Jonathan was appointed as a Director on 1 May 2007. After qualifying as a Chartered Accountant at Coopers & Lybrand, he went on to perform a variety of financial, strategic and business development roles at Prudential and Barclays before joining the Society in 2006. Jonathan was appointed Chief Executive in 2011.
(Senior Independent Non-Executive Director)
Peter is a Chartered Accountant. He was a partner with PricewaterhouseCoopers (and prior to that Price Waterhouse) and was the Regional Chairman for the West and Wales and Senior Partner in Bristol from 1991 to 2001. Since then Peter has held a number of non-executive board positions in both the commercial and charitable sectors. Peter joined the National Friendly Board as a Non-Executive Director in April 2003.
Mark is a former GP and successful business man. Mark was CEO of Helphire (now Redde PLC) which he founded and was co-founder and Chairman of Assura Group both of which he was instrumental in floating on the London Stock Exchange. Mark currently sits on a number of Boards including Medigold, Exemplar Health Care Limited and Astonbrook Care Holdings Limited. Mark joined the National Friendly Board as a Non-Executive Director in June 2009.
Geoff is a qualified Actuary and had 44 years of experience in the financial services industry before retiring in late 2013. He spent most of his career in the health and care sector including 20 years with international healthcare company BUPA Limited, where he held a variety of roles and responsibilities – most recently as Chief Risk Officer of the BUPA Group and prior to this as Director of Compliance and Chief Actuary of the UK division. Geoff is also currently a Non-Executive Director of Medicover Forsakrings AB (publ.) and Chair of its Compliance and Risk Committee. Medicover is a Swedish insurer which provides healthcare insurance propositions for individuals and companies in Poland, Romania and Hungary. Geoff joined the National Friendly Board as a Non-Executive Director in June 2014.