REG - Flagship Finance PLC - Board changes

Brown & BrownAnnouncement

03/04/2023 08:15

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20230403:nRSC0285Va&default-theme=true

RNS Number : 0285V  Flagship Finance PLC  03 April 2023

Flagship Finance PLC (the 'company')

Board changes

 

Flagship Finance PLC is a funding vehicle for and subsidiary of Flagship
Housing Group Limited, a registered provider of social housing which owns,
manages, and maintains over 32,000 homes in the east of England. Today the
company announces changes to its Board of Directors and to the Board of
Directors of its parent undertaking with effect from 1 April 2023.

 

Three Non-Executive Directors of Flagship Housing Group Limited have reached
the end of their tenure. Board Members Philip Burton (Vice Chair), Peter
Baynham (Chair of Flagship Finance PLC and Non-Executive Director) and Paul
Remington (Non-Executive Director) will be resigning from their respective
roles. The Board of Flagship Housing Group Limited would like to express its
sincere gratitude for their contributions and commitment to the Flagship
Group's vision of solving the housing crisis in the east of England.

 

To fill these vacancies, Flagship Housing Group Limited is pleased to announce
the appointment of three new members to its Board, Cecilia Tredget, Dr Emma
Barton and Roger Lee. Cecilia Tredget has previously held several senior
positions and comes with 38 years' experience in housing and local government,
while Roger Lee brings with him over 30 years' banking and finance experience,
specialising in the housing sector, working for lenders such as Santander UK
plc and NatWest Bank. Dr Emma Barton has a PhD in Organic Chemistry and 15
years of international experience, across mergers and acquisitions, business
development and corporate strategy. All new Board members share a passion for
housing, delivering outstanding customer service and ensuring the tenant voice
is heard. As well as exploring and adopting innovative ways to increase the
quality of affordable housing.

 

Peter Hawes, Flagship Group Chair said: "We're grateful for the contributions
and leadership of Philip, Paul and Peter during their tenure. Their dedication
to what we do as a Group has been invaluable, and they will all be missed. We
are excited to welcome new Board members. Their expertise and experience will
be a valuable addition to Flagship, and we look forward to them joining us."

 

Peter Baynham will also resign as Director and Chair of Flagship Finance PLC,
following his resignation from Flagship Housing Group Limited's Board.
Flagship Finance PLC also announces the resignation of David Armstrong
(Director), also effective 1 April 2023. The Flagship Finance PLC Board would
like to place on record its thanks to Peter and David for their contributions
to the Company and to wish them well in the future. David Armstrong will
continue as Chief Operating Officer of Flagship Housing Group Limited.

 

Doris Jamieson (Flagship Housing Group Limited Non-Executive Director) will
join the Board of Flagship Finance PLC as Chair and bring extensive audit,
investment banking and acquisition/merger experience to the Board. Roger Lee
will also join the Flagship Finance PLC Board following his Non-Executive
Director appointment to Flagship Housing Group Limited's Board.

 

Flagship remains committed to its purpose of providing homes and creating
sustainable communities and looks forward to continuing its important work.

 

 END 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  BOASDAFMFEDSEID