Nisa has appointed Robin Brown as chief financial officer on a permanent basis.
Brown joined Nisa as interim finance director in May as part of CEO Nick Read’s management restructure.
In that time he has and has led a strategic programme to find efficiencies across the business and deliver value to members, Nisa said.
Commenting on the development Read said: “We are thrilled that Robin has accepted a permanent role with Nisa, as it signals his confidence in our business model and our plans to return Nisa to profitable growth.
“Robin has been instrumental in our positive work with the bank and credit market and his diligent financial management has given Nisa a strong platform on which to build for the future”
Brown’s previous experience includes finance director for the Morrisons Food Online business, where he helped to build £85m in turnover in one year.