TIDM71QG

NEWS RELEASE

31 July 2018

Gentoo (the underlying borrower form Sunderland (SHG) Finance Plc) appoints permanent Chief Executive Officer

Sunderland-based housing association, Gentoo Group, has appointed Nigel Wilson as Chief Executive Officer.

Nigel brings a wealth of skills and experience to Gentoo. He has worked in the social housing sector for over 30 years, most recently as Chief Executive of Wythenshawe Community Housing Group in Manchester.

Keith Loraine OBE, Gentoo Group's Chair said: "The Group Board and I are delighted that Nigel will be joining Gentoo.He has a fantastic track record as a Chief Executive and a very credible reputation in the sector.We were particularly impressed with his leadership and people development skills and his commitment to good governance and delivering excellent customer service.

"With his vast sector experience, I'm confident he will successfully lead Gentoo so we can continue to make a positive difference, and work towards our vision for the City of Sunderland."

Nigel started his career as a housing officer and worked his way up to a leadership position after having roles in tenant participation and resident engagement before specialising in new business and regeneration.

Speaking about his appointment, Nigel Wilson said: "I'm looking forward to getting started. I've followed the great work Gentoo has done over the years and understand the current challenges facing the Group and the sector.

"I've been particularly inspired by Gentoo's customer and staff focus. It has achieved so much over the years and this success is something that I want to build upon, working with the new board and dedicated staff to deliver fantastic results."

The Interim Chief Executive Officer, David Jepson, will continue to lead Gentoo until Nigel joins in January 2019.

ENDS

Media contact: Sarah McCourtHead of Communications and MarketingGentoo GroupT: 0191 525 5981 / 07793 305 375E: sarah.mccourt@gentoogroup.com

Sunderland (SHG) Finance Plc - GBP239,500,000 6.38 per cent. Secured Bonds due 2042

View source version on businesswire.com: https://www.businesswire.com/news/home/20180801005352/en/

 
This information is provided by Business Wire

(END) Dow Jones Newswires

August 01, 2018 04:00 ET (08:00 GMT)

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