The Board of Hanley Economic Building Society has elected Ian Henley to succeed Nick Jordan as Chair of the Society.
Nick Jordan, who has served as Chair since 2018, will step down at the end of 2025. Ian will assume the role with effect from 1 January 2026, subject to regulatory approval.
Ian is currently the Chair of the Risk Committee at Hanley Economic Building Society and brings over 40 years of experience across the banking and financial services industry. He has held a range of senior leadership positions throughout his career, with a strong track record in governance, risk management and strategic oversight.
Founded in 1854, Hanley Economic is one of Staffordshire’s leading mutual building societies. It has over 20,000 members and six branches in Biddulph, Hanley City Centre, Newcastle, Longton, Stone and at its Festival Park, Stoke on Trent headquarters.
Nick Jordan, outgoing Chair of Hanley Economic Building Society, said:
“Serving as Chair of this historic mutual building society in Stoke-on-Trent for the past eight years has been an immense privilege. During this period, we have achieved significant growth, undertaken a fundamental review and focus of our business, and delivered an extensive programme to increase our outreach and support for local communities. I wish The Hanley every success in continuing to deliver on its core purpose and am confident that it remains in the safe hands of the executive team and the Board.”
Ian Henley, incoming Chair, commented:
“It’s a privilege to be appointed Chair of an institution that has been part of the fabric of this community for more than 170 years. Under Nick’s leadership, the Society has been transformed and is in a strong position to continue serving its members and the region for many years to come. I look forward to working with the Board and executive team to build on this strong foundation and further enhance the Society’s contribution to its members and the communities it serves.”