Nationwide Building Society has announced that Mike Rogers will succeed Kevin Parry as chair of Nationwide, Virgin Money and Clydesdale Bank.
Mutually-owned Nationwide completed its £2.9 billion cash acquisition of Virgin Money UK late last year.
Nationwide CEO Debbie Crosbie is a former top executive at Clydesdale and Yorkshire Banks, which became part of Virgin Money. She is also a former TSB Bank CEO.
Rogers will join the Nationwide board as an independent non-executive director and deputy chair on April 1, 2026, and, following a handover period, will assume the role of chair on July 16, 2026, subject to the appointment being approved at Nationwide’s AGM on July 15, 2026.
“Mike Rogers brings extensive experience in financial services and a strong track record in leadership,” said Nationwide.
“He is currently Chairman of Admiral Group PLC, Chair of Experian plc and previously served as the Chair of Aegon UK PLC.
“Mike was an Independent Non-Executive Director at NatWest Group plc, Chair of its Group Sustainable Banking Committee and member of its Group Performance and Remuneration Committee. He was previously a non-executive director of the Association of British Insurers.
“Over a 30 year executive career in financial services, Mike Rogers has demonstrated expertise in UK Retail Banking, the Mutual Business Model, Risk and Governance and played key leadership roles including as CEO of LV= leading its transformation into a significant player in the general insurance and life and pensions markets. Mike previously spent 20 years with Barclays and held a number of senior roles including Managing Director of UK Retail Banking and Managing Director of Small Business Banking.
“This breadth of experience, combined with his deep knowledge of financial services and commitment to customers, makes him well qualified to guide Nationwide’s Board in the years ahead.”
Tracey Graham, Nationwide Senior Independent Director, who led the appointment process on behalf of the Nationwide Board, said: “After a rigorous search process, the Board is delighted to appoint Mike Rogers as our next Chair. He stood out as an ideal candidate, with extensive industry experience and strong leadership credentials that align with Nationwide’s mutual values.
“The Board is confident that Mike Rogers will provide the strategic guidance and stewardship needed to continue our success. On behalf of the Board I would also like to thank Kevin Parry for the enormous contribution he continues to make to the success of Nationwide.
“Kevin has been instrumental in transforming the strategic direction of the Society, delivering record member value, leading customer service, and in advancing the mutual sector. He is an excellent chairman, and we wish him well for when he retires from the Board in July.”
Rogers said: “I am honoured to be appointed as the Chair-elect of Nationwide Building Society. Nationwide has an important role as the UK’s largest building society, and I have long admired its member-focused ethos.
“I look forward to working with my fellow Board members and the management team to build on Nationwide’s strong performance, support its mutual values, and deliver long-term value to our customers, members and communities. It is a privilege to have the opportunity to help steer the Society into its next chapter.”