CEO MONTHLY / ISSUE 9 2024 9 Efficacy and Excellency in Every Endeavour Established in 1875, Melton Building Society is one of the oldest Building Societies in the UK. Over its century of operations, the Building Cociety has built a prestigious reputation for placing its colleagues and customers at the heart of its business. With over 40,000 customers, Melton Building Society promises to help people buy their own homes and make the most of their savings. The Building Society offers mortgages, savings, and works with a partner to offer broader financial advice. It has five local branches based in Melton, Grantham, Oakhma, Stamford, and Bourne. Melton Building Society has made a steadfast commitment to improving the lives of others, from its colleagues, customers and members and its community. Being an independent, mutual society means it does not pay dividends to shareholders, instead sharing its success with its members through higher interest rates for savers, lower rates for borrowers, and continually enhancing its services. Additionally, Melton Building Society also funnels its success back into the communities it serves, through supporting local charities both financially and voluntarily, lending its time, experience, and knowledge in support. Simon Taylor joined Melton Building Society in 2020 as the company’s CEO, following a celebrated career in the financial sector spanning more than three decades. Simon has held a number of senior positions at Lloyds and Barclays, including Regional Director at Lloyds Banking Group before joining the Building Society Sector. Previous to his position at Melton Building Society, Simon was the Interim Chief Commercial Officer at the Saffron Building Society, following eight years in the position of Chief Operating Officer at the Nottingham Building Society. An industry expert, Simon holds an MBA from the University of Bradford and is an alumnus in Advanced Strategic Management from Kellogg North-Western Business School in Chicago. What is more, he is also an Associate of the Chartered Institute of Bankers. As the CEO of Melton Building Society, Simon is responsible for ensuring that the building society operates effectively, continuing to meet the needs of its customers and members. From developing and implementing innovative strategies, fostering a positive and inclusive culture amongst his team, and supporting the growth of all colleagues, Simon is dedicated to bringing meaningful change to the company. Simon brings with him a people-forward approach to Melton Building Society, opting to bring the best out of his colleaguesto boost their performance. He believes that the key is empowering his team to make decisions, take ownership of their work, and generate innovative ideas in a supportive environment. Such an approach garners heightened levels of pride, leading to improved performance and engagement as the team cares more for the work they produce. This leadership style has clearly proven successful, as Simon has been recognised as the Most Influential Mortgage and Saving Products CEO for the second year in a row. Simon has continued to maintain the energy and momentum in his leadership that led to his initial recognition, inspiring his colleagues to follow suit in their work. Since his appointment as CEO of Melton Building Society, Simon has displayed a fantastic sense of leadership, understanding exactly how to fill the role to the benefit of the Building Society. He has led Melton Building Society through significant transformations, showing resilience and tenacity in maintaining the team’s focus. Not only that, but Simon is also sure to celebrate the team’s successes, understanding that this is a crucial aspect of effective leadership. Fostering a strong culture, in which his team members feel valued, and their successes acknowledged, Simon ensures that Melton Building Society continues to maintain its excellent standards when navigating a period of high change. A diligent, authentic leader, Simon has effectively leveraged his extensive industry experience to lead Melton Building Society to success. During his time as CEO of the building society, Simon has demonstrated a clear understanding of leadership through continual growth and encouragement. Moving forward, the future appears to be prosperous for both Simon and the Building Society. We look forward to witnessing the future of Melton Building Society, as Simon continues to steer his team to greatness. Contact: Rachel Kolebuk Company: Melton Building Society Web Address: www.themelton.co.uk/ Jul24675 Located in Melton Mowbray, Melton Building Society is a Building Society, specialising in providing mortgage lending and saving services to its customers. Committed to delivering excellence, the society is spearheaded by CEO Simon Taylor. As Simon features in the Most Influential CEO Awards 2024 for his second consecutive year, we take a closer look at the ways in which he steers Melton Building Society to success.
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