Vernon Building Society appoints new boss

Stockport-based Vernon Building Society has appointed Darren Ditchburn as its new chief executive, succeeding Steve Fletcher, who will retire in December 2024.

Steve, who joined the mutual in 2018, has led significant initiatives, including a £1.2 million branch modernisation and strong business performance through challenging economic times.

He said: “I feel the Society is in great shape and we have really exciting plans for the next five years.

“Now is the right time to move aside and allow Darren to drive the organisation forward with the same passion and energy I brought with me seven years ago.

“I’m hugely proud of what I’ve achieved at Vernon Building Society, particularly the working environment and culture that’s been developed through engaging and empowering colleagues.

“I’m delighted to be leaving Members, colleagues and the community an ambitious and modern organisation which can robustly adapt to the fast-changing external environment.”

Darren Ditchburn, currently deputy chief executive at Leek Building Society, brings 20 years of industry experience.

His expertise spans customer service, operations, and risk management, aligning well with Vernon’s values as it moves into a new chapter.

Darren added: “Steve leaves behind a brilliant legacy and I am incredibly proud to be joining Vernon Building Society as chief executive at such an exciting time. 

“I can’t wait to pick up the mantle and continue taking the Vernon forward. In doing so, I will continue to put great importance on what really matters; our members, local communities, colleagues and their futures.

“This role brings with it a unique responsibility to make a positive difference in the lives of others. Building societies enable home ownership and encourage healthy savings, which are some of the biggest life goals people have. 

“Together, we will build better futures and our members can be assured that Vernon has got them. We’re committed to offering a personal service where they are talked to and understood, no matter what their circumstances.”

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