Alison Pallett steps down from Nottingham Building Society, marking the end of a 42-year tenure in financial services.
- Pallett, who significantly contributed to expanding the Society’s offerings, will be succeeded by Matt Kingston in March 2025.
- Her achievements include introducing a foreign nationals mortgage offering and receiving a Lifetime Achievement Award.
- Matt Kingston, currently head of national sales, will take over as sales director next year.
- Pallett expressed pride in the organisation’s growth and confidence in Kingston’s future leadership.
Alison Pallett’s departure from Nottingham Building Society marks the close of a prestigious 42-year career within the financial services sector. Joining the Society in 2022, Pallett swiftly made her mark by advancing opportunities for homeowners and broadening the scope of the Society’s intermediary sales team. Her groundbreaking introduction of the foreign nationals mortgage offering underscores her commitment to innovation in the market.
During her tenure, Pallett’s leadership and forward-thinking vision significantly propelled the Society’s strategic efforts. Her peers acknowledged her contributions, culminating in her receiving the Bharat Sagar Lifetime Achievement Award earlier this year. Pallett articulated her satisfaction with the advancements made, especially in facilitating entry for first-time buyers, and expressed her belief that her successor would further these efforts.
Matt Kingston, set to assume the role of sales director in March 2025, brings over a decade of sales leadership experience primarily in the broker market. Currently serving as head of national sales, Kingston has been instrumental in driving initiatives aligned with the Society’s recent rebranding as a specialist lender. His impending leadership aims to continue the Society’s tradition of expanding mortgage access, particularly for potential homeowners.
Pallett’s praise for Kingston is unreserved; she highlighted his passion and commitment as qualities that will drive the Society’s future. “Working with Nottingham Building Society has been one of the most rewarding experiences of my career,” she stated. Her reflection on the past and affirmation of Kingston’s capabilities suggests an ongoing commitment to the Society’s mission of supporting customers and brokers alike.
Kingston himself expressed excitement about taking on his new responsibilities, noting the positive changes witnessed under Pallett’s guidance. His focus will be on extending support to prospective homeowners and fulfilling the organisation’s aim to evolve into a specialist lender. Kingston’s assurance of continuity and progress indicates a promising direction for the Society.
Alison Pallett’s retirement ushers in a new chapter for Nottingham Building Society, anchored by Matt Kingston’s forthcoming leadership.
