Andy Rose is to leave his post as Chief Executive of the Homes and Communities Agency (HCA), to take up a new role in global infrastructure finance.
In April, Andy will become Chief Executive of GIIA, a global advocacy association that represents equity investors in global infrastructure.
Mr Rose joined the HCA in April 2013, at a time when the housing development industry was still recovering from the global downturn. He established a new investment function within the HCA, to help 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.
Kevin Parry, Chairman of the HCA, said: "I would like to offer immense thanks to Andy for his highly successful stewardship of the HCA. Andy can be incredibly proud of the HCA’s performance during the past few years. He leaves an organisation that continues to provide new homes for thousands of people and is set to deliver the government’s recently-announced priorities for housing and public land. On behalf of everyone at the HCA, I would like to wish Andy well in his new role."
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. I’d personally like to thank Andy for his leadership over the last three years and wish him every success in his new role."
A recruitment process to appoint a new HCA CEO will commence shortly.