Board Member Profiles


Michael Parrott


Chairman

Mr Michael Parrott, was appointed to the Society’s Board in June 2012. He is a Chartered Public Finance Accountant by profession and until his retirement was the Deputy Chief Executive and Finance Director of a regional building society in England. Accordingly, he brings over thirty years relevant building society finance and accounting experience and expertise particularly in Balance Sheet management, treasury and capital adequacy requirements. Mr Parrott serves as Chairman of the Audit Committee and is a member of both Risk Committees as well as the Asset and Liability Committee.


Adrian Coles


Non-Executive Director

Mr Adrian Coles, was appointed to the Society’s Board in May 2014. His background is as an economist and until his retirement he was the Director General of the Building Societies Association for 20 years. He was awarded an OBE in the 2011 New Years Honours list for services to financial services. Accordingly Mr Coles brings relevant building society sector experience. He serves as Chairman of the Conduct Risk Committee and is a member of the Asset and Liability Committee and Marketing Committee.


Margaret Cullen


Non-Executive Director

Mrs Margaret Cullen, was appointed to the Society’s Board in February 2015. She has held senior positions in a number of large financial services organisations including a period working for the Central Bank of Ireland and has experience in the areas of treasury management, investment fund regulation, compliance, internal control and risk management. Mrs Cullen is a specialist in the area of corporate governance and is currently an academic directing specialist director programmes.


Gerard McGinn


Non-Executive Director

Mr Gerard McGinn, was appointed to the Society’s Board in February 2015. He has extensive financial services and banking experience having held senior executive positions with local clearing banks and has a successful track record of developing and implementing strategic plans. In addition he has also worked as a senior civil servant within a number of local government departments and brings extensive Board experience from the public sector.


Darina Armstrong


Chief Executive

Mrs Darina Armstrong, is a Chartered Accountant and has been employed by the Society since 1992. Mrs Armstrong was appointed as the Society’s Chief Executive with effect from January 2011, having previously been Finance Director. She has overall responsibility for running the business of Progressive within the strategic framework set by the Board. Mrs Armstrong is a member of the Asset and Liability Committee, the Nominations Committee, both Risk Committees and the Marketing Committee.


Michael Boyd


Deputy Chief Executive and Finance Director

Mr Michael Boyd, is the Society’s Deputy Chief Executive and Finance Director. He is a Chartered Accountant and has been employed by the Society since 1996 in various finance and risk roles and served the Board for 5 years as Secretary. Mr Boyd is a member of both Risk Committees, the Asset and Liability Committee and the Marketing Committee.


Declan Moore


Operations Director

Mr Declan Moore, joined the Society in 1992 and has worked in the building society sector for over 25 years. His roles have included branch and area management and more recently responsibility for sales, marketing and branch operations. Mr Moore is Chairman of the Marketing Committee and also serves as a member of the Asset and Liability Committee.