East Midlands housing association appoints new chief executive

Tim Mulvenna has been appointed as the new chief executive at Futures Housing Group, and will join the 10,300-home housing association later in the year.

Mulvenna takes over from Lindsay Williams, who announced she would be stepping down in September last year.

Williams became chief executive of Amber Valley Housing in 2003, which later merged with Daventry and District Housing to form Futures Housing in 2007.

Mulvenna is currently chief executive at The Barnet Group, a local authority trading company that runs several housing and homelessness services in the borough.

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These include the local authority’s arms-length management organisation (ALMO) Barnet Homes and Opendoor Homes, a private registered provider which provides both social and private-rented sector housing.

TBG has delivered new build council housing in the area for the first time in nearly 50 years and set up its own registered provider of social housing which has developed and acquired over 800 new homes.

Previously, Mulvenna was group director of customer services at L&Q, where he worked in different roles for nearly 13 years. As group director of customer services, he was responsible for rolling out the direct maintenance service as well as the stock investment programme.

Futures owns several other companies, including its own commercial development company Futures Living Ltd and Futures Greenscape, a grounds maintenance social enterprise. 

The social landlord is currently preparing its corporate strategy for the next three years. The strategy will focus on Futures’ development plans, its existing homes, customer service, and sustainability, among other key areas.

Meanwhile, retirement housing provider McCarthy Stone, has appointed Jo Bennett as its new chief financial officer. Bennett started in her new role today.

Prior to joining McCarthy Stone, she was chief business officer at Pizza Express where she was responsible for finance, legal, IT, property, the value creation plan, business transformation and supply chain.

McCarthy Stone has shared that it is looking to buy 50 new sites a year and invest hundreds of millions of pounds in land and construction to open high quality retirement communities across the UK to meet the growing demand for housing, care and support options for older people.

The American private equity investment firm Lone Star Funds, which also owns UK developer Quintain, acquired McCarthy Stone in January 2021. In April 2021, McCarthy Stone announced a new investment partnership with Macquarie and John Laing to finance its new rental portfolio.