Futures Treasury PLC Designate CEO and Chair announced (1753L)
12 Maio 2022 - 4:00AM
UK Regulatory
TIDM93YU TIDM59DP TIDM87ZW
RNS Number : 1753L
Futures Treasury PLC
12 May 2022
RNS
Futures Housing Group announces designate CEO and Chair in
partnership talks
Futures Housing Group, bpha and Flagship Group announced today,
that should the partnership proposal go ahead, the new organisation
would be led by David McQuade (Flagship CEO) who has been appointed
CEO Designate. Flagship Chair, Peter Hawes, has also been appointed
Chair Designate for the new organisation with Mike Stevenson
(Futures Chair) and Paul Leinster (bpha Chair) appointed Designate
Vice Chairs.
The three organisations collectively manage over 60,000 homes in
central and east England and are exploring the potential of
combining their expertise and capability to enhance the provision
of housing and local services in the area.
David McQuade, CEO of Flagship Group and designate CEO for the
new organisation said:
"Discussions are progressing very positively on how the combined
larger organisation can achieve the shared priority of local
delivery of enhanced customer service and homes, that will make a
difference to more people faster. All three organisations have
closely aligned values, vision and ambition for the future."
All three organisations have strong credit ratings - bpha (A+,
S&P), Flagship (A2, Moody's) and Futures (A+, S&P), which
provides a firm financial foundation for a partnership.
The organisations will continue to share updates as discussions
continue with any agreement subject to approval by each housing
association's Board.
For further information, please contact Ian Skipp, Group Finance
and Resources Director, Futures Housing Group on 0845 0948306 or
Ian.Skipp@futureshg.co.uk
E N D S
Issuing entity: Futures Housing Group
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May 12, 2022 03:00 ET (07:00 GMT)
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