Platform’s chief finance officer to step down

Platform Housing Group’s chief finance officer has stepped down after five years in the role.

The recruitment process for Rosemary Farrar will begin soon, according to the 49,000-home provider.

Before working at Platform, Farrar had worked as group finance director at Southern as well as interim finance chief at a number of housing associations, including Riverside, Paradigm and Beyond.

In a statement on Linkedin, Platform said Farrar had ”made the decision that it’s time for a new chapter”.

It is understood that Farrar does not have a specific role lined up, but she has told Housing Today she plans to keep working in the sector.

“I shall certainly not be retiring from the housing sector altogether but hope to use my experience in a number of roles going forwards,” she said, adding that she was stepping down “so that someone younger can take Platform forward”.

Platform said Farrar had “kindly agreed to continue supporting us during this transition and will remain with us until her replacement is appointed”.

“She has played a key role in shaping our success to date, and we look forward to building on that strong and resilient foundation as we begin delivering the next phase of our Corporate Strategy,” it said.

It thanked her for her “dedication, expertise and significant contribution over the last five years” and said she had left Platform in a “strong financial position”.

>> See also: Spending on existing stock up 141% at Platform Housing

Platform Housing Group, one of the largest housing associations in the Midlands, reported turnover of £285m in its latest trading update, for the nine months to December 2024, which was up 14% on the £249.9m recorded in the same period the previous year.

Operating surpluses were also up, by 14.2% to £76.2m.