Adam joined the Board in April 2019. He is the Senior Independent Director and a member of the Society’s Group Risk Committee, the Audit Committee and the Group Technology Governance Committee, upholding the Society’s commitments to financial control, integrity and regulation.
During his professional career, he has advised building societies across a range of issues. He brings formidable legal insight and experience of different business models and structures, important given the Group structure, which includes two key subsidiaries, Newcastle Strategic Solutions Limited and Newcastle Financial Advisers Limited.
Adam has advised on rules of building societies, on corporate governance, including compliance with the UK Corporate Governance Code, and on the powers and statutory and fiduciary duties of Directors, all of which contribute to ensuring the Society deals with its Members, colleagues and stakeholders in a responsible, trustworthy and ethical manner.
“Having specialised in advising building societies at a law firm for 36 years, I have a deep knowledge of the mutual sector and my understanding of its associated corporate governance and regulatory requirements contributes to the Board’s diverse spectrum of expertise.”