Vernon BS to make tech drive with new hire

Vernon Building Society has appointed a head of change management, Stephen Monaghan, to transform the lender's technology.

Related topics:  vernon building society,  tech
Amy Loddington | Editor, Financial Reporter
16th May 2024
s monaghan vernon

Stephen will oversee the Vernon’s transition to a new technology system that connects it to members, intermediaries and fintech providers.

The Vernon is a longtime partner of Mutual Vision, a customer-owned technology provider based nearby in Wilmslow. Stephen will lead the Vernon’s IT Change team as Mutual Vision upgrade to its new cloud banking engine from Mambu. The new partnership between Mambu and Mutual Vision will bring a new level of choice and flexibility to Vernon Building Society’s banking staff.

Stephen says:

“I’m delighted to join Vernon Building Society during their hugely exciting centenary year. They have a really high performing IT team already and I’m confident we’re ready to handle some game-changing transformational projects that will really improve things for staff and ultimately Members.”

Steven Fletcher, CEO at Vernon Building Society says:

“Our IT department has grown 200% over 5 years as we continue to keep ahead of the fast pace of technology and digital. Reliable and secure software is vital in the world of finance and Stephen is essential in our smooth adoption to some exciting upgrades that will ensure we can offer the best service to our Members over the next 100 years.”

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