44EB London Quad5.5%

TIDM44EB

RNS Number : 1488L

London & Quadrant Housing Trust

11 January 2021

London & Quadrant Housing Trust - Appointment of Chief Executive Officer

Following the announcement made on 1 September 2020 that David Montague will step down from his role as Chief Executive by the end of the current financial year, L&Q have today announced that Fiona Fletcher-Smith will succeed David Montague as Chief Executive with immediate effect.

Ms Fletcher-Smith was previously L&Q's Group Director of Development and Sales, where she led one of the sector's largest development and strategic land programmes, including landmark projects such as 10,800 home Barking Riverside, L&Q's joint venture with the Greater London Authority (GLA), and a strategic partnership with the Mayor of London to deliver another 20,000 new homes across the capital. Fiona also oversaw L&Q's expansion outside the South East, with over 1,400 homes now under construction in the Midlands, and a further 20,000 planned for the North West through the 2019 acquisition of Trafford Housing Trust, and has led work to improve the efficiency and diversity of L&Q's development team. Prior to this she was the GLA's Executive Director for Development, Enterprise and Environment, where she was responsible for overseeing the delivery and implementation of key strategies such as the London Plan and the Economic Development Strategy, as well as overseeing the operation of the Mayor's powers in relation to significant planning applications in the capital.

Ms Fletcher-Smith will take the helm of the 105,000 home housing association at one of the most significant times in the sector's history. Her first task will be to agree a five-year strategy which will set out how L&Q will continue to tackle the housing crisis and provide quality homes and support services for those that need them most, while working with residents to build on existing work supporting the recent social housing white paper, delivering on essential building safety requirements and the climate change agenda, and dealing with the impact of Brexit and the global pandemic.

She succeeds David Montague, who leaves L&Q this month following 33 years with the organisation, including 13 as Chief Executive.

L&Q Chair Aubrey Adams said:

"The L&Q Group Board is delighted to welcome Fiona into the role of Chief Executive. As well as her deep knowledge and understanding of the challenges facing L&Q, she brings with her a wealth of experience from a career dedicated to housing. At L&Q we are not just a landlord or developer. We pride ourselves on our social purpose and drive to deliver quality services to our residents, including education, training and care and support services. As well as her exemplary pedigree in senior housing and infrastructure roles, Fiona also began her career as a housing officer, where she learned a deep understanding and empathy for social housing residents. This is evident in her ambitions to put the people that live in our homes firmly at the centre of everything we do.

We also take this opportunity to profoundly thank David Montague, who has spent the last three decades championing social housing, and has led L&Q to become one of the most influential organisations in the sector."

Fiona Fletcher-Smith said:

"It is a great privilege to be chosen to lead L&Q, building on the incredible work that has been achieved under David's leadership.

L&Q provides a home for 250,000 people. As I open a new chapter in our history, I am absolutely clear that these people must come first. We need to listen to our customers and work with them to ensure that homes are safe, high quality and supported by excellent services and thriving communities. That will be the primary focus of our new five-year plan, and I will be working tirelessly to drive this and ensure our culture is ethical, responsive, creative, inclusive and puts customers first.

We have no intention of stopping building homes - they are core to our social mission. Our ambition to enable the creation of 100,000 homes remains - but the pace of delivery will ease in the short term. In the meantime, I want us to focus on building high quality, beautiful places and safe homes across our committed pipeline.

This country faces countless housing issues, but the pandemic has taught us to be imaginative and discover new and better ways of doing things, so a new dawn awaits. I have been passionate about housing all my life and cannot wait to tackle the challenges and grasp the opportunities that lie ahead."

David Montague said:

"I could not be happier to be handing the reins over to Fiona. Since joining L&Q in 2018 she has time-and-time-again proven herself to be an invaluable and inspirational leader. It gives me great comfort to know that the future of L&Q is in her hands, and that she will be supported in delivering the next chapter of our social mission by a team that is dedicated to doing the best they can for our residents."

For further information, please contact:

 
 James Howell, Head of External Affairs, 
  Communications                             0208 189 1596 
 Cathryn Rowley, Director, Communications    0208 189 2383 or 07711 425992 
 

www.lqgroup.org.uk

END

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

BOAVVLFBFFLFBBL

(END) Dow Jones Newswires

January 11, 2021 02:30 ET (07:30 GMT)

London Quad5.5% (LSE:44EB)
Gráfica de Acción Histórica
De May 2024 a Jun 2024

London Quad5.5% (LSE:44EB)
Gráfica de Acción Histórica
De Jun 2023 a Jun 2024