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Giant landlord hands chief risk officer role to long-serving executive
A long-serving Places for People executive has been appointed permanent chief risk officer after being in the role for seven months on an interim basis.
Judy Hardy, who has worked for the 240,000-home landlord since 2005, took up the role on a permanent basis last week.
She was initially appointed last September as an interim replacement for Paul Nourse, who is now a part-time advisor to Places for People, according to his LinkedIn profile.
Mr Nourse was in the chief risk officer role for less than two years.
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Ms Hardy has worked her way up the ranks after starting 18 years ago as head of the group chief executive’s office. More recently she spent four years as Places for People’s director of regulation.
Greg Reed, chief executive of Places for People, said: “Judy’s vast experience, her knowledge of UK housing regulation and her relationships with our regulatory and governance stakeholders, as well as her brilliant awareness and judgement, made her the right person for this critical role.”
Her appointment comes as Places for People has been growing its stock through a spate of merger and acquisition activity.
Last month, through its fund manager Thriving Investments, it acquired for-profit Rosewood Housing, which was previously owned by collapsed house builder Inland Homes.
Places for People is also due to take on London-based housing association Origin as a subsidiary this spring.
Origin, which has around 7,000 homes, is currently non-compliant with the regulator’s standards for governance and financial viability, while Rosewood was also found non-compliant last November.
However, the regulator has withdrawn its notice on Rosewood since it was taken over by Places for People.
In February, Places for People also got approval to take on 357-home South Devon Rural Housing as a subsidiary.
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