People & Appointments

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Nationwide appoints new independent non-executive director expert to board

Written by Peter Davison on .

Gunn WaerstedGunn WaerstedSwindon-based Nationwide Building Society has appointed the chairman of Norwegian telecommunications firm Telenor to its board and its IT strategy and resilience committee.

Gunn Waersted, a senior financial services executive with a 35-year career spanning financial services, telecommunications and petrochemicals, becomes an independent non-executive director from June 1.

Gunn is also chairman of Petoro, a firm owned by the Norwegian government and responsible for managing the state’s oil and gas portfolio.

Throughout her career she has held senior positions within a range of large financial institutions, including DNB, SpareBank1 and most recently at Nordea.

David Roberts, Nationwide Building Society chairman, said: “Gunn is a hugely experienced executive and a great fit for Nationwide. She has been a highly successful CEO of both public and mutually owned businesses, during which time she has driven through large-scale operational, cultural change and digital transformation programmes, all in pursuit of an improved experience for customers. We are delighted that she has agreed to join the Society and look forward to working with her.”

Gunn Waersted’s appointment means that almost 40 per cent of Nationwide’s board and over half of the non-executive directors are now women.