Nationwide Building Society board secures 95% vote amid governance concerns
Nationwide Building Society's board secured a 95% majority on resolutions during its annual meeting, while member James Sherwin-Smith received only 12% of the vote in his bid to join the board. With significant takeovers, including a £2.9 billion deal for Virgin Money in 2024, calls grow for stronger member voting rights and governance reforms.
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Summary by OZbrief Editorial · The Guardian Australia – Business · Source
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Published 15 Jul 2026, 17:18 UTC · Updated 15 Jul 2026, 17:30 UTC
Summary by OZbrief Editorial. Original report: The Guardian Australia – Business. Editorial policy · Corrections
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