Larbert-born boss says his new role is a privilege

Mark Thomson
Mark Thomson
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A Larbert man who began his career working in a Falkirk bank has been appointed chief executive of Scotland’s largest independent building society.

Mark Thomson (47), a former pupil of Larbert High, is the new boss of the Scottish Building Society, after serving as the lender’s chief operating officer since last April.

The chartered banker says it is a “privilege to take the helm” at SBS which has 70 offices across Scotland and assets of £388 million.

He said: “It is an enormous privilege to take over as chief executive of one of the world’s oldest mutuals.

“There is no doubt that conditions remain challenging and I believe that now, more than ever, people need to know that they are dealing with an organisation that will do the right thing by them.

“I answer to 37,000 members and a dynamic board of directors, and I aim to build on the good work of recent years which has seen growth in assets and in mortgage business, and I know we can do this while continuing to treat our members fairly.”

Mr Thomson, a Falkirk Football Club season ticket holder, started his career at the Bank of Scotland in Newmarket Street.

He also worked with the Royal Bank of Scotland and was credit director at Scottish Widows Bank in Edinburgh.

Mr Thomson’s new role comes at a crucial time after SBS successfully merged with Century Building Society in February.

Alexa Henderson, SBS chairman, who confirmed the appointment in June, said: “Mark has already proved a huge asset to the Scottish Building Society since joining a year ago, and I am delighted to confirm his new position as chief executive.”

Mr Thomson, who was involved with Falkirk Children’s Theatre in his early days, lives in Fife with his wife and two sons.