60RZ Wheatley 44

TIDM60RZ

RNS Number : 9940X

Wheatley Group Capital PLC

07 May 2021

Wheatley Group Capital PLC

Directorate change

Wheatley Housing Group Limited

Retirement of a Director

Alastair MacNish, OBE will be retiring as Group Chair in September 2021. Alastair has spent the last six years as Group Chair, following three years as a board member of Scotland's largest housing, care and property management group.

Commenting on his plans, Alastair said: " There are so many things of which I am proud," he said, "none more so than the commitment and dedication of staff and board members, who have helped Wheatley raise the bar for service excellence in the public sector in the UK and beyond. Today, we stand for so many things: from an award-winning ThinkYes culture recognised nationally and internationally to raising well over a billion pounds of private and public investment and being named - for the fourth consecutive year - the largest builder of social-rented homes in the UK."

Appointment of new Chair

Wheatley Group board member Jo Armstrong has been appointed as the new Group Chair and will succeed Alastair MacNish at the AGM in September. One of Scotland's leading independent business economists, Jo joined the board in 2015 and is currently chair of the Group Development Committee.

Jo's extensive professional career spans financial services, the Scottish civil service and charitable sector. A panel member of the Competition and Markets Authority, she is a member of the Water Industry Commission for Scotland, chair of hub West Scotland and a member of the IoD Scotland's Advisory Board. Previously, she chaired OFGEM's expert panel for its Electricity Network Innovation Fund; was a budget advisor to two Scottish parliamentary committees; an honorary professor of Public Policy at Glasgow University; and is a former chair of ENABLE Scotland. She will take over as chair when Alastair steps down at the Wheatley AGM in September.

Jo confirmed how much she was looking forward to the new role: "We have supported tens of thousands of households in hardship across central and southern Scotland during the pandemic and we are determined to contribute creatively to the country's recovery. This will involve continuing to build, maintain and invest in great affordable homes and - working with Wheatley Care and Wheatley Foundation - to improve the life opportunities of people living in our communities, wherever and whenever we can."

A full press release is included on our Group website:

https://www.wheatley-group.com/media/news/newsfolder/wheatley-group-appoints-jo-armstrong-as-its-new-chair

For further information, please contact:

Wheatley Group Capital plc

Steven Henderson

Group Director of Finance

Wheatley House

25 Cochrane Street

Glasgow G1 1HL

Email : steven.henderson@wheatley-group.com

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