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Hyde Housing chief executive Peter Denton is to become the new head of Homes England.
The government’s housing delivery agency confirmed today that Mr Denton has been appointed as its new chief executive.
He will join later this year, with acting chief executive Gordon More retiring.
Former City banker Mr Denton held senior roles at Deutsche Bank and Barclays before joining Hyde as finance director in 2017.
Under his guidance, the 55,000-home association has completed a £760m refinancing programme and last year became the first traditional social landlord to announce plans to set up a for-profit provider.
Commenting on his appointment, Mr Denton said: “Although it is incredibly hard to leave Hyde, this is the right decision.
“Heading up Homes England means that I can be instrumental in delivering more and better homes on a national scale.
“I have thoroughly enjoyed my time at Hyde and am incredibly proud of all we have achieved.
“I shall miss the people here more than I can say, but I know they will carry on the good work and go on to achieve even bigger and better things.”
Housing secretary Robert Jenrick said: “I am delighted to welcome Peter Denton as chief executive of Homes England, as part of an important reset for the organisation.
“Together with Peter Freeman, he will lead the renewal of Homes England, focusing on levelling-up and regeneration, high-quality new housing and infrastructure and supporting small and medium builders to create a more dynamic and competitive housing market.”
Appointed chair of Homes England in October, Mr Freeman has agreed with Mr Jenrick to conduct a review of the agency to ensure it supports the government’s housing aims.
He said: “Peter brings two powerful qualities to Homes England. He has deep experience of real estate banking and investment, including raising funds and managing portfolios across Europe. This will be invaluable in raising additional capital from the private sector to support Homes England’s government funded work.
“Secondly, in leaving a successful career in the commercial sector to join a major housing association, first as chief financial officer and then as chief executive, Peter has displayed enormous personal commitment to marrying financial discipline and social purpose.
“I have no doubt that he will be an outstanding leader, with his unique skillset helping us build the homes the country needs.”
Previous Homes England chief executive Nick Walkley resigned in February.
Mr Walkley had led Homes England since its inception in 2018, having joined its precursor, the Homes and Communities Agency, in 2017.
In March, the government housing agency embarked on a reshuffle of senior positions and Mr More, who was previously chief investment officer at Homes England, was appointed interim chief executive.
Harry Swales, who was previously executive director of markets, partners and places at the organisation, will take over from Mr More as interim chief investment officer.
The agency oversees £14bn of investment in housing across England.
Update: at 16.54pm, 10.06.21
The story was updated with more information following confirmation of Mr Denton’s appointment from Homes England.
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