HCA appoints new chief executive

The government’s housing and regeneration quango the Homes and Communities Agency (HCA) has appointed an infrastructure finance expert as its new permanent chief executive.

HCA chairman Robert Napier today announced that Andy Rose had been appointed as chief executive and accounting officer of the agency.

Rose replaces former chief Pat Ritchie, who announced her departure in November. A temporary chief executive, Richard Hill, was appointed on an interim basis in January.

In a statement the HCA said that Rose is currently a partner at AgFe, a specialist European debt advisor and asset manager, and has a “strong commercial and financial background and over 20 years’ experience in both the public and private sectors, with a particular focus on infrastructure finance”.

It said that Rose was previously chief executive of Infrastructure UK, the body within HM Treasury (HMT) which focused on producing a long term plan for UK infrastructure, where he was initially responsible for establishing and leading the Infrastructure Finance Unit, created to lend directly to infrastructure projects.

Prior to this he was an executive board member of Partnerships UK, a body owned by both the public and private sectors, with a remit to support the delivery of major infrastructure projects sponsored by the public sector. He also spent 17 years at Canadian Imperial Bank of Commerce.

Rose said: “The HCA has an enviable reputation built on strong commercial, social and regulatory expertise, and above all a track record of delivery. It is clear that continued delivery in the sector depends on the ever closer integration of the public and private sectors, and with my experience of both I am extremely excited by the opportunity to lead the agency into the future.”

Rose will take over leadership of the HCA on Monday 15 April.

In an interview with Planning, Napier said that Rose’s strong commercial and financial expertise would benefit the HCA because the agency had to find new ways of levering in private sector investment to fund schemes.

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