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Homes and Communities Agency Regulation Chair - Appointment Confirmed

Following a pre-appointment hearing on 31 October 2011, after which the Department for Communities and Local Government Committee supported …

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Following a pre-appointment hearing on 31 October 2011, after which the Department for Communities and Local Government Committee supported the appointment of Julian Ashby as Chair of the Homes and Communities Agency (HCA) Regulation Committee, the process has now started for the recruitment of the six person Committee.

Julian said:

I am pleased that the Committee has supported the Minister’s decision and look forward to working towards the transfer of regulation powers to HCA on 1 April 2012. Key to that is the recruitment of the strongest possible Committee, starting today. We need high calibre people, with a skill set that supports the economic focus we have been given. This is a national role and will need people with a strong track record at a national level, experience of the sector and an excellent grasp of how housing markets work and are funded.

The recruitment starts today and will run until 5 December 2011.

Notes to editors

1. The HCA Regulation Committee is a statutory body which will be created via the Localism Bill. It sits within the HCA but separate from its investment functions and will be the sole means through which HCA will exercise its regulatory powers.

2. The final appointment is subject to passage of the Localism Bill. However, Mr Ashby has been formally appointed as Chair-designate of the HCA Regulation Committee and appointed to the HCA Board with immediate effect.

3. The Regulation Chair will receive an annual remuneration of £65,000 for a time commitment of 2.5 days per week. (The post was advertised at a range of £50,000-70,000).

4. Mr Ashby will continue to serve as Deputy Chair of the Tenant Services Authority until that body is abolished.

5. Details of the Regulation Committee recruitment (six posts) and an application form can be found here www.wig.co.uk/hcaregcomm (external link). Remuneration for these posts has been set at £11,000 per annum for a time commitment of 2 days per month. Terms will be of either 2 or 3 years.

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Published 4 November 2011