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23.
May
2018.
NMBS appoints new non-exec chair


PRESS RELEASE
May 2018

NMBS appoints new non-exec chair 

NMBS is pleased to announce the appointment of Jeremy Miller as its new non-executive chairman. 

A qualified chartered accountant, Jeremy brings with him a wealth of financial experience having worked in the City for over 35 years.

This has included time spent as an auditor with KPMG before moving to a major stockbroker and later investment banks and financial advisory firms. His career has also included a two-year secondment to The Takeover Panel.

In addition, Jeremy enjoys substantial experience gained in a number of key non-exec roles - including serving as chairman and a non-executive director at a major housebuilder and contractor.

His track record and expertise make him an ideal candidate to help steer the NMBS board and to play a part in driving the business forward during what continue to be exciting times for the buying society. 

Commenting on Jeremy's appointment, Chris Hayward, NMBS' managing director, said: "It is great to welcome such a strong appointment to our management board. I am sure Jeremy's vast financial experience and knowledge will prove a real asset to the business and will enable him to provide excellent leadership and governance to the board at NMBS.

"The whole team is looking forward to working with Jeremy on the many key initiatives we already have underway to drive even greater success for our members and suppliers."

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Images:

Jeremy Miller NMBS.jpg

Caption:
New non-exec chair.NMBS has appointed Jeremy Miller as its new non-executive chairman.

For more information on this story, contact Wayne Leith at wayne.leith@nmbs.co.uk

Notes to editors:

  • NMBS (National Merchant Buying Society) is the UK's largest buying group for independent builder's, plumbing and heating, timber and hardware merchants.

  • Since its formation over 50 years ago in 1963, NMBS has continued to grow and evolve. Today it represents more 1000 merchant members and enjoys collective buying power in excess of £1.7BN. It uses this buying power to negotiate favourable prices and terms for members from over 600 brand leading, building industry suppliers.
 
  • Collectively, NMBS members operate more than 3000 branches nationwide and achieve annual sales of £7BN. This equates to approximately 40% of the value of the entire merchanting sector.

  • Further value-adding services offered by NMBS include credit insurance, marketing support and access to a dedicated and secure portal known as the ‘Report Centre'. This enables members and suppliers to deal with many day-to-day transactional requirements online, 24 hours a day, seven days a week.
 
  • NMBS also stages regular networking, knowledge sharing and trading events that bring together both its members and suppliers. These events include the NMBS Golf Day, the NMBS Gala Dinner, the NMBS Dinner Dance, the NMBS All-Industry Conference and the NMBS Exhibition.

  • As part of its commitment to ‘Strengthening Independents', NMBS not only delivers services and events to enhance the profitability and success of its members but also acts as a voice and as a champion for the independent merchanting sector.