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 heads an experienced Relationship Team, who deal 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.

Gary Price - Senior Manager Social Housing

Gary PriceGary has worked for the Society since 1982, in a variety of roles and in Principality Commercial since 1998. As well as looking after a large portfolio of commercial property clients, which includes some high profile customers, he also has a large portfolio of Housing Association clients. Gary was awarded Banker of the Year Award in the Wales Business Awards in 2007.

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.

Nicola Crocker - Relationship Manager

Nicola CrockerNicola joined the Society, from Bank of Wales, in 2002 and has held various positions within the division covering Support Duties, IT Development, Team Management and Business Savings. Nicola is now responsible for management of a lending portfolio and is the liaison point within the Relationship Team for introduction of new initiatives and procedures, also ensuring that customer service standards are maintained.

Karl Jones - Relationship Manager

Karl JonesKarl has over 20 years’ experience in commercial banking and joined the Society’s Commercial Team in 2006. He is responsible for a large portfolio of customers with interests in the property investment and development sectors. Karl’s aim is to provide a consistently high level of service to all his customers.

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.

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