Legal & General Affordable Homes (LGAH) has appointed a new chair of the board and added a new non-executive director.
Ian Peters takes over as chair of the board from current chair Ian Graham on 1 January 2024. Peters (pictured) was previously vice-chair of the Peabody Trust and CEO of British Gas.
Kathryn Davis has joined the board with immediate effect as the new independent non-executive director. Davis has 26 years’ experience at law firm Slaughter and May where she was a corporate partner for 17 years. She was previously a non-executive director and chair of the treasury committee at the G-15 housing association Metropolitan Thames Valley.
And Kevin Gould has taken over from Karen Wilson as the chair of the risk and audit committee. Wilson has more than 30 years’ experience in financial services and consulting, focusing on governance, risk and audit.
Simon Century, managing director, housing, at Legal & General Capital, said: “I’d like to thank Ian Graham for his excellent stewardship of the board since 2018, along with Karen Wilson as chair of the risk and audit committee. Both have helped to establish Legal & General Affordable Homes and contributed to building our portfolio to over 3,000 homes during their tenure with over 7,000 under contract, along with receiving top in-depth assessment scores from the regulator.
“I’m delighted to welcome Ian Peters as the new chair of the board. Ian has worked across a wide range of industries, along with his role on the boards of housing associations, his experience will be key in leading the charge as Legal & General Affordable Homes scales up to deliver thousands of high quality, sustainable and affordable homes, directly and through effective partnerships.”
Ben Denton, chief executive of Legal & General Affordable Homes, added: “We are well placed to fill the huge affordable housing gap, working in partnership with the sector. We’ll keep affordability, sustainability and customer service as our watch words as we grow to meet cross-tenure demand nationwide. And with our refreshed and enhanced board, we will continue to meet governance and regulatory targets as we work on our ambitious pipeline.”
