CV Ian Passey
Ian Passey FCIB, ACoI.
Dawson House 208 Worcester Road Stoke Heath
Bromsgrove Worcestershire B61 7HZ
Telephone : Home 01527 578175 Work 020 7222 2511 Fax : 01527 832445
QualificationsFellow of the Chartered Institute of Bankers
Associate of the Compliance Institute
Personal DetailsDate of Birth : 16th May 1945 Married : 1 Daughter
Current Positions
1. Since 1997Chief Executive : Dentists’ ProvidentSociety Limited
Role : Responsible for all activities of incorporated Friendly
Society, with funds of £154 million and annual premium
incomeof £ 9.5 million.
Key Achievements
- Development and successful implementation of Strategy and Business Plans
- Increased Funds under Management by 63% from 1997 to date
- Extended scope of Society’s product
- Increased Society’s membership by over 14%
- Increased Society’s Premium Income by 101%.
2. Since 1991 Senior Partner : Vaughan Passey
Role : Established new practice in 1991 to provide Management & Compliance Consultancy and Internal Audit Services to the Financial Services sector, specialising in Friendly Societies
Key Achievements
- Built up client base of 15 Friendly Societies and a number of IFA’s
- Internal Audit consultancy sold to Mutual One, a subsidiary of the Skipton Building Society, in 2006
3. Since 2003Member of the Association of Friendly Societies LegislationCommittee
4. Since 2003Member ofFinancial Ombudsman Services Investment Liaison Forum
Previous Positions
1981-1991Assistant General ManagerLancastrian Building Society
1984-1991Chief Executive and Company SecretaryLancastrian Financial Services Ltd.
(Independent Financial Adviser)
1979-1981Head of Internal AuditMidshires Building Society
1970-1979AccountantMidshires Building Society
Experience and Achievements in these roles
Development and implementation of Strategy and Business Plans for a National
Friendly Society, a Regional Building Society and their subsidiary companies.
Investment of Building Society Funds
Statutory compliance for Building Societies and Friendly Societies
Internal Audit for a Regional Building Society
Installation & updating of compliance systems for Independent Financial Advisers
Establishment of a centralised mortgage lending centre for a Building Society
Development of mortgage lending policy and implementation
Assessing and introducing new IT systems
Negotiating the purchase of an Insurance Brokerage for a Regional Building Society
Negotiated the Sale of an Insurance Brokerage for a National Friendly Society
Establishinga successful Subsidiary Company for a RegionalBuilding Society
operating as an Independent Intermediary offering Independent FinancialAdvice.
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