Tipton & Coseley Building Society Chief Executive Steps Down

Following the announcement in June, Tipton & Coseley Building Society has confirmed that Richard Newton will step down as Chief Executive at the end of the year, after 10 years in the role and 32 years total service to our Society. He will be succeeded by Adam Evetts currently our Society’s Risk & Compliance Director.

Adam joined our Society in 2020 and has worked within the building society sector for over 27 years, including at two top-ten societies, and has significant expertise in all areas of risk management, a strong commercial instinct, and the ability to develop, lead and manage teams successfully.

Adam said: “It’s an honour and privilege to be appointed to succeed Richard as Chief Executive and I’m thrilled to have the opportunity to be leading the Society at such an exciting time. The mutual model is as relevant now as it has ever been in our 122 year history and I’m committed to making sure we continue to focus on providing value to our members and supporting our local communities.”