Governance
Reports and documents
Here you’ll find all the latest information about our financial position, our performance and the rules by which we operate.
Creating lasting change
We’re always proud of how powerful our community can be, and how much more we can achieve when we work together. Throughout 2025, our teams and community partners made a huge impact on nearly 10,000 people within our community. We donated over £175,000 to charities and good causes - and three households moved out of our Rent to Home properties and into their own homes.
This is just a sample of the ways we made a difference in 2025.
Find out more in our full Impact Review.
Annual General Meeting
The 176th Annual General Meeting of The Cambridge Building Society was held at the Head Office premises on Thursday 23rd April at 3.00pm.
The resolutions as outlined in the mailing pack to members were all passed in line with the voting results displayed below.
Many thanks to all of our members who registered their votes at our AGM.
Ordinary Resolutions
1. To receive the Directors’ Report, the Annual Accounts, the Annual Business Statement and the Auditors’ Report for the year ended 31st December 2025
98.8% were in favour
2. To approve the Directors’ Remuneration Report.
94.0% were in favour
3. To approve the re-appointment of Forvis Mazars LLP as Auditor to the Society for the period from the conclusion of the meeting until the next general meeting at which accounts are laid before the Society.
98.0% were in favour
Election and re-election of Non-Executive and Executive Directors
4. To approve the re-election of:
a. Peter Burrows
96.9% were in favour
b. Richard Brockbank
96.6% were in favour
c. Pauline Caldwell
96.9% were in favour
d. Carole Charter
97.1% were in favour
e. Lucy Crumplin
96.8% were in favour
f. Fiona Hotston Moore
96.9% were in favour
g. Harriet Hunnable
96.8% were in favour
h. Richard Jeffries (known as Mark)
96.9% were in favour
i. Sandhya Kawar
96.5% were in favour
j. Daniel Mundy
97.0% were in favour
k. Stephen O’Donnell
96.6% were in favour
l. John Spence
97.0% were in favour
Board Committees
The primary focus of the Board is to ensure that the Society has a sustainable future based on strong financial and risk management. The Board also has a duty to ensure that The Cambridge operates within relevant regulation and that proper accounting records and effective systems of business control are established, maintained, documented and audited.
Audit Committees
The Committee is responsible for the review of the integrity of financial statements, the effectiveness of internal controls and compliance systems. It recommends acceptance of the annual accounts to the Board and monitors the performance, objectivity, competence and effectiveness of the internal and external auditors. The Committee recommends to the Board (for approval by our members) the appointment or reappointment of the external auditors.
Remuneration & People Committee
The Committee is responsible for the terms and conditions of employment of the Executive Directors and also recommends Non-Executive remuneration to the full Board.
Nominations Committee
Responsible for succession planning for both Executive and Non-Executive Director positions, the Nominations Committee leads the process for recommending and appointing new members to the Board. It considers the balance, skills range, knowledge and experience of the Board, the requirements of the organisation, and recommending change where appropriate.
Risk Committee
The Committee advises the Board on setting the Society’s overall risk appetite, risk tolerance and risk strategy and is responsible for monitoring risk management across the organisation. The Committee has close links with the Society’s Mortgage Credit, Assets and Liabilities, Conduct Risk and Operational Committees.