Karbon 3.375% Regulatory News (46GV)

RNS announcement

Title: New Chair for Karbon Homes

Northern housing association Karbon Homes has announced the appointment of Sir David Bell KCB as its new Chair. Sir David is Vice-Chancellor and Chief Executive of the University of Sunderland and will officially take over from current Chair, Sebert Cox OBE, in May 2020.

Sir David brings with him a wealth of experience following a career spanning over 37 years, holding a number of major posts across the education system. Between 2012 and 2018, he was Vice-Chancellor at the University of Reading. Previously, he was Permanent Secretary at the Department for Education for six years, serving four Secretaries of State and three Prime Ministers. He also served as Her Majesty's Chief Inspector of Schools for nearly four years.

Speaking of his appointment, Sir David said: "Karbon's mission to provide a strong foundation for life is what I have sought to do in my work across the education sector.

"My experience in local and national government has shown me the powerful impact that housing and regeneration can have on communities. The strategic objectives that Karbon Homes has set itself - to provide as many high-quality homes as possible, to deliver excellent customer service and to build strong communities - all resonate with me. Therefore, I am looking forward to adding my support to achieving these objectives, for the benefit of residents and communities in our region."

Paul Fiddaman, Group Chief Executive at Karbon Homes said: "Sir David has a fantastic reputation and breadth of knowledge and experience. I'm looking forward to working with him on our ambitious Strong Foundations Strategy which includes the delivery of 500 high quality new homes every year and a commitment to invest £180m into our existing homes over the next 10 years.

"I would like to thank our outgoing Chair, Sebert Cox OBE, for his hard work and dedication to Karbon. He has made a huge contribution to our organisation during his tenure and he leaves Karbon Homes in great shape for the future."

Sir David will join Karbon Homes in May 2020.

ENDS