HCA chief executive resigns
The government is seeking a new chief executive for its Homes & Communities Agency (HCA) after the incumbent handed in his notice.
Andy Rose, HCA chief executive since April 2013, is leaving to return to the financial services sector. In April 2016 he will become chief executive of the Global Infrastructure Investor Association (GIIA), a lobby group for equity investors in infrastructure projects.
At the HCA, Mr Rose is credited with establishing a new investment function, helping to unlock stalled sites and increase investment in housing and infrastructure through greater use of equity and loans. He built up the HCA’s role as a central body within government for the disposal of surplus public land.
His previous roles in government include chief executive of Infrastructure UK and an executive board member of its predecessor, Partnerships UK. From 2011 to 2013, he was a partner at asset management firm AgFe and before that spent 17 years at Canadian Imperial Bank of Commerce, ultimately as managing director responsible for its European infrastructure business.
Housing minister Brandon Lewis said: “Andy has led the transformation of the HCA, as it has successfully created a capability to deploy investment funding to deliver new housing supply. The HCA has led our work to deliver over 270,000 new affordable homes over the last Parliament, and to release public sector land for over 100,000 new homes.”
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This article was published on 12 Jan 2016 (last updated on 12 Jan 2016).