Friday, July 25, 2025

Nottingham Building Society appoints new chief technology officer

Nottingham Building Society has appointed Russ Thornton as its new chief technology officer.

Russ initially joined the 176-year-old mutual in March 2025 as a strategic advisor in an interim capacity from Shawbrook Bank, a specialist bank where he spearheaded a comprehensive multi-year digital transformation, from creating the strategy and its roadmap to delivering its execution.

He replaces Paul Howley, who departs in July following three years at the organisation as its first ever chief technology and transformation officer in 2022.

Russ brings 34 years of experience in leading digital transformations to drive business growth, having also held senior leadership positions at Cofunds, Legal & General, Aegon, and WorldRemit. He will now be responsible for the delivery of Nottingham Building Society’s core banking and mortgage transformation strategies.

Speaking about the appointment, Sue Hayes, CEO at Nottingham Building Society, said: “Russ brings deep expertise and a proven track record of delivering digital transformation at pace and scale. Since joining us earlier this year, he’s had a great impact, and I know he will continue to do so as he leads our transformation programme.

“He has successfully delivered complex transformation across banks, fintechs, and global financial services institutions, including most recently at Shawbrook, where his work played a key role in more than doubling the bank’s loan book and deposits while radically improving digital experiences for customers and brokers alike.

“This is a pivotal moment for the Society as we prepare to launch new technology that will transform the mortgage experience for brokers, borrowers, and colleagues alike. Russ shares our values, our purpose, and our belief in building a modern mutual that serves real lives.

“With over three decades of experience, Russ has led enterprise-wide technology strategies, built and scaled high-performing engineering and product teams, and driven operational excellence through innovation. He brings not only technical depth, but also the leadership and cultural insight needed to embed lasting change that puts the customer first.”

Sue added: “We pass our thanks on to Paul Howley for everything he has done during his time with us. Paul’s legacy is not only the systems and structures he helped deliver, but the culture he helped shape.”

Russ Thornton added: “I’m extremely excited to join the Society at such a transformative point to continue to deliver on its purpose and promise to its members and communities. That sense of purpose and its ambition to serve members who don’t fit the traditional mould was really attractive to be part of.

“Under Paul’s guidance, the team has made fantastic progress modernising its mortgage and savings platforms, and I’m looking forward to building on that momentum. My focus will be on ensuring we have the right capabilities, controls and culture in place to grow with confidence and deliver great outcomes for our members and broker partners.”

It has also been confirmed that Aaron Shinwell, formerly of Santander UK, where he was commercial director – homes, will be starting his new role as chief lending officer at Nottingham Building Society in August.

A message from the Editor:

Thank you for reading this story on our news site - please take a moment to read this important message:

As you know, our aim is to bring you, the reader, an editorially led news site and magazine but journalism costs money and we rely on advertising, print and digital revenues to help to support them.

With the Covid-19 pandemic having a major impact on our industry as a whole, the advertising revenues we normally receive, which helps us cover the cost of our journalists and this website, have been drastically affected.

As such we need your help. If you can support our news sites/magazines with either a small donation of even £1, or a subscription to our magazine, which costs just £33.60 per year, (inc p&P and mailed direct to your door) your generosity will help us weather the storm and continue in our quest to deliver quality journalism.

As a subscriber, you will have unlimited access to our web site and magazine. You'll also be offered VIP invitations to our events, preferential rates to all our awards and get access to exclusive newsletters and content.

Just click here to subscribe and in the meantime may I wish you the very best.












Latest news

Related news

By continuing to use the site, you agree to the use of cookies. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close