Society CEO joins new advisory group to Money and Pensions service board

Mike Regnier, Chief Executive Officer at Yorkshire Building Society, has been announced as part of a new group of top-level executives from the worlds of finance, consumer rights, research and technology being convened to ensure the Money and Pensions Service (MaPS) delivers on its UK Strategy for Financial Wellbeing.

Unveiled by the Money and Pensions Service (MaPS) in January, the UK Strategy sets out five “agendas for change” to help transform financial wellbeing across all the nations of the UK, covering credit, debt, savings, pensions and financial education.

Mike Regnier is now part of an advisory group to the MaPS Board with the purpose of providing long-term support and challenge around both the future MaPS Corporate Strategy and the UK Strategy for Financial Wellbeing.

Group members, meeting for the first time today (27 May 2020), are at the forefront of their respective sectors and already committed to the financial wellbeing agenda.

They are:

• Mike Regnier, CEO of Yorkshire Building Society
• John Allan CBE, Chair of Tesco plc, Chair of Barratt Developments plc and President of the CBI (joining in September)
• Katie Alpin, Interim Chief Executive of the Money and Mental Health Policy Institute
• Richard Collier-Keywood, Chair of Fair4All Finance and the School for Social Entrepreneurs
• Helen Dean, CEO of NEST Corporation
• Debbie Forster MBE, CEO of Tech Talent Charter
• Dr David Halpern, Chief Executive of The Behavioural Insights Team
• Matt Hammerstein, CEO of Barclays Bank UK
• Anabel Hoult, CEO of Which?
• Vim Maru, Group Director for Retail, Lloyds Banking Group
• Helen Milner OBE, Group Chief Executive, Good Things Foundation
• Lindsey Rix, CEO for UK Savings and Retirement, Aviva

Sir Hector Sants, Chairman of MaPS, said:

The current crisis has highlighted the precarious nature of many people’s financial resilience and through that financial wellbeing. There is virtually no-one in the country who hasn’t felt some economic impact as a result of the outbreak. Improving financial wellbeing – to help people feel more empowered and in control – would make a big difference.

We have already been joined by many excellent collaborators from a wide range of sectors and I’m delighted at the list of leaders in their fields who have now agreed to join the new Advisory Group. The Board of MaPS looks forward to working with them to ensure the UK Strategy for Financial Wellbeing delivers on its great potential in the years ahead.

All information correct at time of publication.

W18-20