Richard Francis

Richard Francis

Head Of Strategy Development @ Nationwide Building Society

About Richard Francis

Richard Francis serves as the Head of Strategy Development at Nationwide Building Society, a position he has held since 2021. He has extensive experience in banking strategy and consultancy, having previously worked with notable institutions such as Lloyds Banking Group and NatWest Group.

Work at Nationwide Building Society

Richard Francis currently serves as the Head of Strategy Development at Nationwide Building Society. He has held this position since 2021, contributing to the organization's strategic initiatives and development efforts. His role involves overseeing the formulation and implementation of strategies that align with the society's objectives. His work is based in London, England, where he has been instrumental in shaping the direction of the organization.

Previous Experience at Future Williams & Glyn Bank

Before joining Nationwide Building Society, Richard Francis worked at Future Williams & Glyn Bank as Chief of Staff for nine months in 2016. His responsibilities included supporting the executive team and managing strategic initiatives within the bank. This role provided him with valuable insights into the operational aspects of banking in a competitive environment.

Education and Expertise

Richard Francis has a strong educational background, having studied at INSEAD where he achieved an MBA with Distinction from 2006 to 2007. He also attended the University of Oxford, earning a Trinity College MA (Hons) in Politics, Philosophy & Economics from 1996 to 2000. Additionally, he completed his early education at Winchester College from 1991 to 1996. His education has equipped him with a robust understanding of both strategic and analytical frameworks.

Career at Lloyds Banking Group and NatWest Group

Richard Francis has held significant roles in major financial institutions. He served as Head of Group Strategy at Lloyds Banking Group from 2013 to 2016, where he led strategic planning efforts. Following this, he worked at NatWest Group as Head of Strategy for the Commercial Bank from 2017 to 2020. In these positions, he developed in-house banking strategies and led teams to enhance operational effectiveness.

Consulting Background at Booz & Company

Richard Francis began his career at Booz & Company, where he worked as a Consultant, Senior Consultant, and Associate from 2003 to 2010. His consulting experience provided him with a foundation in strategy development and implementation, which he later applied in his banking roles. This background has contributed to his unique skill set in strategy consultancy and in-house banking.

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