Geeta Nanda OBE is stepping down as chief executive of MTVH in the autumn following 16 years at the helm of the housing association.
Nanda is stepping back from the full-time executive role to spend more time caring for her elderly mother.
MTVH’s chair Althea Efunshile CBE is leading the search and selection process for the new CEO, supported by other board members, and has appointed executive search specialists Odgers Berndston. Nanda will remain in post and assist in a smooth handover to her successor.
Nanda said: “When you have the privilege to lead an incredible organisation like MTVH for 16 years it can be hard to find the right moment to step away, but I know this is the right time for several reasons. First, we have bounced back from the pandemic, with an improved credit outlook, the ability to deliver more opportunities for our residents, and the strongest governance rating.
“Second, there is a real continuity, strength, and depth in our chair, board and senior team, colleagues, and involved customers who will carry on MTVH’s mission to give everyone a decent home and the chance to live well. Finally, this is also the right time for me personally as my mum turns 91 this year and I want to spend more time caring for her.
“I entered the affordable housing sector as a housing officer 35 years ago to give more people the security of a decent home and the opportunities that come with that. I’m grateful that MTVH has given me the opportunity to fulfil that purpose and proud that we have enhanced resident experience, created great places to live, and met the challenges faced by communities by supporting people to live well. With our great team here we have also completed, or progressed over 15,000, new homes in the past 16 years.”
Efunshile added: “The board and I would like to thank Geeta for her huge contribution both to MTVH and the housing sector in the UK. Geeta leaves MTVH in great shape as one of the most innovative and resilient housing associations in the country with high governance and financial viability standard ratings from the regulator, and with a recently improved credit outlook from Standard & Poors.
“Our strong position and reputation have seen MTVH become a key partner in some of the largest long-term regeneration and development schemes that are tackling the UK’s housing crisis. For example, Clapham Park in London that will deliver 2400 new homes over the next 12 years.
“We are now focused on the appointment of a new CEO who will continue this track record of success while maintaining MTVH’s values as a social purpose organisation which was established to house Windrush migrants and exists to ‘serve people better every day’.”
