PA Housing has started the search for a new chief executive after the incumbent announced his retirement following around six years in the role.
Dilip Kavi, the current boss of the 24,000-home landlord, which manages properties across the East Midlands, London and Surrey, will retire at the end of March.
Mr Kavi revealed his decision in a stock market update after being in the top job since the landlord was formed in 2017.
He added: “I have enjoyed my time with PA Housing and its predecessor Paragon, but feel now is the right time to pass the baton to someone who can see PA through its next phase of evolution. I will miss the people and am proud of what we have achieved.”
Under Mr Kavi’s leadership, the association has grown to employ around 700 staff, with a turnover of around £200m, and a new build programme of up to 600 homes per annum.
The landlord’s board is now searching for a new chief executive.
Suki Kalirai, chair of PA, said: “On behalf of all stakeholders, I wish to thank Dilip for his years of dedicated service and commitment to PA Housing and also to the social housing sector as a whole. We will send him off with our gratitude and best wishes for a relaxing and successful future.”
Mr Kalirai took up the position of chair in October from Anne Turner, who was appointed on an interim basis after Hattie Llewelyn-Davies stepped down from the association’s board after three years in the role.
In November, PA secured a £75m loan to build new affordable homes and upgrade the energy efficiency of its existing properties.
At the time, the landlord said the properties will go beyond current energy-efficiency regulations for rented homes and have an Energy Performance Certificate rating of at least B.
Earlier in the year, PA had to apologise to a disabled tenant after failing to properly fix a leak in her London flat which left the bedroom uninhabitable.
In a case highlighted by broadcaster ITV News in June, footage was shown of water coming through the light fitting in tenant Samantha Burrell’s bedroom, which over the course of three years had spread and ripped through the ceiling.
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