Our Commercial Team

Our Commercial Team

We pride ourselves on our outstanding personal service. When you take out a lending product with us, you are assured of a named account manager who appreciates the needs of your business.

Peter Hughes - Managing Director, Principality Commercial

Peter HughesPeter has spent all of his career in banking – a career which has been kind to him despite the recurrent challenges the industry has faced. Throughout the 1980s and 1990s Peter worked in a corporate and commercial banking environment in the West Midlands in both client facing and credit roles. He was thrilled to return to Wales to head the Commercial team at Principality Building Society in 2002, which has since doubled in size. Peters role is very diverse from heading client meetings to leading on divisional strategy whilst ensuring a culture in which his team can perform and develop to the best of their abilities. Peter is also responsible for managing stakeholder relationships with regulators and rating agencies across South Wales and London.


Principality Commercial makes a key contribution to the Society’s performance - ensuring where possible projects are aligned with the brand and purpose of the Society, contributing to new homes in Wales (where the Commercial team has played a significant part in a wide variety of open market/affordable projects). ACIB qualified, Peter is part of the Society’s executive committee, speaking regularly at various industry events. Peter lives in Penarth with Suzanne and they have two grown up children.

Gareth Redding - Senior Portfolio Manager

Gareth ReddingGareth has extensive experience within the Commercial arena, spending 20 years with High Street banks before joining the Principality’s Commercial Team in 2002. Gareth deals directly with customers and professionals to look after their property funding requirements. A qualified banker, Gareth also personally looks after a large lending portfolio of customers, both with investment and development requirements as well as holding strong relationships with local professionals.

Jan Quarrington - Social Housing Manager

Jan Joined the Commercial team at the Principality Building Society in April 2016 to manage the portfolio of Housing Association clients. She has spent the majority of her working life in Corporate Banking in various guises but mainly in a front line Customer Relationship Management role where she was responsible for a portfolio of businesses with Turnover in excess of £5m. Having spent three years working in the Social Housing Sector, this gave her a real understanding of how they operate and the issues they face which puts her in a unique position of being able to combine the experiences gained in both sectors in her role as Social Housing Manager. She is passionate about the important role Housing Associations play in our society and is committed to supporting them to deliver more affordable housing.

David Harvey - Business Development Manager

David HarveyDavid joined The Principality in June 2013 having moved from Israel Discount Bank in London where he was employed as a Property Relationship Manager for 12 years. He brings with him an excellent background in many aspects of property finance along with a good knowledge of the property market within London and the South East. David is part of the Commercial Business Development team and he also manages a large lending portfolio.

Jim Brook - Head of the Relationship Team

Jim joined Principality Commercial in September 2016 having worked for 29 years previously with RBS Group across the Midlands, South West England and South Wales. He’s spent the majority of his working life in Corporate Banking roles mainly leading Customer Relationship Management teams within the Real Estate market. Jim leads the Principality Commercial relationship team, helping them to support customers and deliver a first class service.

Chad Griffiths - Relationship Manager

Chad has been with Principality Commercial since 2012, having joined from HSBC Business Banking. Chad has progressed within the team and has now built up a large portfolio of clients as well as being active in new business development. A significant amount of this has been funding new build residential development, across Wales, the West and the South East of England.

His focus is very much on understanding the customer management strategy and tailoring solutions to fit in a straightforward and timely way.

Angela Niering-Wren - Relationship Manager

Angela Niering-WrenAngela joined Principality Commercial in 2005 having previously gained over 20 years’ experience in Financial Services, 14 of which were spent in the Commercial Banking environment. ACIB qualified and a firm advocate of the relationship approach. She has responsibility for managing an extensive customer portfolio, as well as involvement in many divisional projects.

Stephen Ryan - Relationship Manager

Originally from Glasgow, Stephen moved to Cardiff, via London, in 2003, and has seen the city and region grow significantly during that time.

Having spent 25 years in the Commercial Sector, Stephen joined the team in January 2017. Stephen’s skills and values contribute to the relationship approach which saw the Commercial team recently win the Insider Property Funder of the year award.

Stephen looks after clients with both development and investment requirements, as well as developing relationships with professionals and key influencers within the local business community.

Jill Woodward - Relationship Manager

Jill joined Principality Commercial in August 2012 as Underwriting Manager.

She has extensive experience within the real estate sector, having worked throughout the UK in credit sanctioning and relationship management roles, latterly with HBOS in Cardiff where she managed a large corporate portfolio.

A Chartered Banker for over 20 years, her experience in property investment and development enables her to provide borrowers with tailored solutions, appropriate to their individual needs.

Jill’s focus is on working closely with existing borrowers and their professional advisers and seeking deal origination opportunities.

Commercial Support Team

The Commercial Support Team are here to help you with your enquiries:  

  • Sharon Morgan - Relationship Support Officer
  • Richard Thomas - Relationship Support Officer
  • Alison Harcombe - Relationship Support Officer
  • James Ford - Relationship Support Officer
  • Maria Elias - Relationship Support Officer    
  • Mitesh Pitrola - Support Officer
  • Jarrad Eggar - Support Officer
  • Anne Cockram - Securities & Lending Support Officer
  • Kathryn Kenning - Securities & Lending Support Officer
  • Jane Blake - PA to Managing Director, Commercial Property