Alison Pallett, a veteran in financial services, retires from Nottingham Building Society after 42 years.
- She significantly contributed to expanding support for homeowners, focusing on innovative mortgage solutions.
- Pallett was honoured with the Bharat Sagar Lifetime Achievement Award at the British Mortgage Awards 2024.
- Matt Kingston is set to succeed her, bringing over a decade of experience in sales leadership.
- Under Kingston, the society aims to evolve into a specialist lender amidst a rebranding effort.
Alison Pallett’s retirement from Nottingham Building Society marks the conclusion of a distinguished career spanning 42 years in the financial services sector. Since joining the society in November 2022, she played a crucial role in enhancing support for homeowners, particularly through introducing unique offerings like the foreign nationals mortgage.
Upon her departure, Pallett leaves behind a legacy of growth and innovation, which was recently recognised through the esteemed Bharat Sagar Lifetime Achievement Award. Her tenure was marked by strategic initiatives that broadened the society’s reach and supported first-time buyers.
As Pallett steps down, Matt Kingston is slated to assume the role of sales director in March 2025. Currently the head of national sales, Kingston’s extensive experience in sales leadership, particularly within the broker market, positions him as a fitting successor.
Kingston’s upcoming leadership coincides with Nottingham Building Society’s rebrand and strategic shift towards becoming a specialist lender. His focus will be on continuing the society’s evolution and expanding its support for prospective homeowners.
Through his leadership, Kingston is expected to uphold and extend the progress established under Pallett, as the society aims to meet the ever-evolving needs of clients and brokers in the mortgage industry.
Alison Pallett’s retirement heralds a new chapter for Nottingham Building Society, with Matt Kingston poised to continue her impactful legacy.
