The Nottingham appoints Anthony Murphy as CFO

By Gloria Methri

The Nottingham Building Society has announced Anthony Murphy as its new Chief Financial Officer (CFO), subject to regulatory approval. Murphy is set to join the Society in March 2023 to lead the Finance team and continue the Society’s financial performance and drive strategic growth.

Murphy joins the Society from digital challenger bank Tandem, where he had been CFO since January 2019. Prior to this, he worked in the United Arab Emirates as CFO for a listed regional bank. Murphy has also held many senior finance and strategy roles with Lloyds Banking Group, including as Finance Director of their Middle East business based in Dubai.

His broad range of experience, both domestically and internationally within challenger and established banks is expected to will help The Nottingham progress its commitment to transforming the housing market.

Murphy will ensure a smooth transition by working closely alongside Paul Astruc, who served as CFO and Board Member for the last two years. Astruc is retiring to pursue a non-executive career and will leave the Society on April 6.

Commenting on his appointment, Anthony Murphy, CFO said, “This is a great time to be joining The Nottingham as it emerges from a thorough and exciting strategic review process, with an eye on the future. I have been hugely impressed by the vision for the Society and look forward to meeting more of the team and continuing The Nottingham’s journey.”

Chief Executive Officer, Sue Hayes, added, “I am delighted that Anthony is joining The Nottingham. His wealth of experience means he brings both solid foundations and genuinely innovative thinking to us at this exciting time as we build for the future. Anthony will be a key stakeholder in helping forecast and shape our strategic roadmap to deliver our purpose.”

The appointment marks another key C-level addition to the senior leadership team, following the arrival of Paul Howley as Chief Technology & Transformation Officer, since the new CEO joined the Society last January.