Principality CEO Iain Mansfield appointed Chair of CBI Wales

Iain Mansfield, Chief Executive Officer at Principality Building Society, has been appointed as the new Chair of CBI Wales for a two-year term.

Mansfield previously served as Vice-Chair of CBI Wales from June 2025, during which time he championed sustainable economic growth and represented Welsh business interests to governments in both Westminster and Cardiff Bay.

During his tenure as Vice-Chair, Mansfield hosted a number of events examining the impact of the upcoming 2026 Senedd elections on the business community. He has also emphasised the importance of collaboration across diverse business sectors to address economic challenges and support a thriving future for Wales.

As a partner of FinTech Wales, Mansfield has been vocal about the importance of growing the Welsh fintech cluster, including supporting start-ups and scale-ups to boost regional job opportunities and improve skills development.

Russell Greenslade, Director of CBI Wales, welcomed the appointment.

“I am delighted to welcome Iain as CBI Wales Chair. Iain brings a deep understanding of the high costs and economic challenges faced by businesses.

“With the launch of the CBI Wales Senedd elections ‘business manifesto,’ Iain will be an important voice in business’ relationship with the current and next government to ensure it delivers the jobs and sustainable growth – from north to south to east and west Wales – needed to turbo charge the economy.

“Iain will also build on Alison Orrells’ work as Chair. I thank Alison for her efforts to remove barriers to growth, through her passion, dedication and conversations with senior political leaders from the Prime Minister to the First Minister and Secretary of State for Wales as a member of the Welsh Economic Advisory Group.”

Mansfield joined Principality Building Society in 2015 and has held a series of senior executive roles. He became a member of the organisation’s Board in 2019, was appointed Chief Financial Officer in 2022, and became Chief Executive Officer in 2025.

Speaking about his appointment, Mansfield said:

“It is a genuine privilege to take up the position of Chair of CBI Wales, at such an important time for our economy.

Businesses up and down the country are facing a challenging economic and policy backdrop. At the same time, we must address issues closer to home, particularly the urgent need to unlock productivity to secure sustainable, long-term growth. As Chair, I am committed to strengthening CBI Wales’ position as the leading voice for business across Wales and supporting each and every sector that powers our economy. I look forward to amplifying the collective views of business at the highest levels of decision-making as we work together towards the more prosperous Wales we all want to see.”