Principality Building Society has appointed Richard Wales as commercial lending director.
Wales replaces Peter Hughes after he stepped down to focus on family commitments last September having spent 18 years at the building society.
Wales has worked at the lender since 2012 but prior to this he spent time at HSBC in various management roles for 20 years.
Julie-Ann Haines, chief executive at Principality Building Society, said: “Richard is an excellent appointment with his extensive banking experience, and he has great insight into the expectations of our customers having fulfilled several senior roles within Principality Commercial since joining.
“He has an exciting vision for our commercial business but he’s also acutely aware of the challenges currently faced by our clients brought about by the COVID-19 pandemic.