Darlington Building Society CEO Andrew Craddock is to step down after seven years in the role.
His final day will be on 27th April at the building society’s 2026 AGM after 40 years in financial services, 12 of which being a CEO in the mutual sector.
Andrew has previously held posts at Barclays Bank, Allied Irish Bank and Buckinghamshire Building Society.
In his time at Darlington Building Society, he has grown its assets from £612m to over £1bn, and improved reserves by 25% to £55m at the end of 2024.
A replacement CEO has not yet been named.
“Andrew has been an incredibly successful and transformative CEO of the society for the past seven years, having led the modernisation of our systems, the implementation of our online savings capability, the enhancement of our culture and our offering to members, and perhaps most crucially of all, having contributed massively to the society’s presence in and support of our local communities,” said Rachel Court, chair at Darlington Building Society.
Andrew added: “In 2026, the society will celebrate its 170th anniversary of encouraging savings and supporting homeownership, and it feels like an appropriate time to hand over the baton to a new CEO to build on the firm foundations that are in place and take the society to the next station on its journey into the future.”
