Leeds Building Society is searching for a new chief financial officer after the mutual said current CFO Andy Conroy announced he “will now be seeking his next career challenge.”

In February, Leeds Building Society said its total savings balances reached a record of £24.5 billion in 2024, over 18% higher than 2023.

The mutual said it responded to increased demand for cash ISAs, with its ISA balances reaching £15 billion, and new ISA account openings in 2024 four times higher than in 2020.

On Wednesday, Leeds said: “Andy Conroy, Chief Financial Officer, joined the Society in 2018 and committed to spending three to five years in the role and as he approaches his seventh year, he will now be seeking his next career challenge.

“Andy will remain at the Society until a suitable replacement is found.

“The Society expresses its thanks for his contribution throughout his time at the Society.”