New HCA chairman appointed

Kevin Parry has been appointed interim chairman of the Homes and Communities Agency, communities and local government secretary has Greg Clark confirmed.

Kevin Parry has been appointed interim chairman of the Homes and Communities Agency, communities and local government secretary has Greg Clark confirmed.

Parry will lead the HCA board for a period after current chairman Robert Napier steps down at the end of December. He will continue the role until a chairman is appointed on a permanent basis and will take up the position from 1 January 2016.

Parry is currently a serving HCA board member and holds a number of other non-executive roles, including being the senior independent director of Intermediate Capital Group and audit committee chairman at Standard Life.

He has considerable financial experience gained in his previous roles of finance director of Schroders and as a managing partner of KPMG.

Clark said: "The HCA has a big role to play in driving forward housebuilding and Kevin's experience of being a board member will be invaluable in his new role. He brings significant commercial experience and I'm delighted he is taking on this position.

"Robert Napier has provided strong leadership in his time as chairman which can be seen in the way the HCA regularly meets the objectives of government. I'd like to thank Robert for his hard work over the years and wish him well in the future."

Parry added: "The Spending Review outcome clearly demonstrates the government's commitment to transforming housing supply and home ownership in this country. It is a privilege to chair the HCA at this crucial time and I am really looking forward to working with my Board, HCA staff, ministers and our outstanding partners to meet the challenge of building the homes the country needs."