L&Q announce a new directorate and changes to Executive leadership

L&Q has announced that it will be combining its Property Services and Development and Sales directorates into one new directorate called Property and Investment.

The new directorate, which will enable L&Q to more effectively manage the quality of new and existing homes across the full lifetime of each property, will be led by David Lewis, who will take up the role of Executive Group Director - Property and Investment from 1 August 2025. David is currently L&Q's Executive Group Director - Property Services, where he has led the landlord's work to transform the way it manages and invests in the quality of homes, including implementing a £3 billion,15 year Major Works Investment Programme.

As part of this process, Vicky Savage, Executive Group Director - Development and Sales, made the difficult decision to withdraw from the process to pursue new opportunities.

Fiona Fletcher-Smith, L&Q Group Chief Executive, said: "We're almost at the end of our current five year strategy, which has seen us increase investment in residents' existing homes to sector-leading levels."

"This is something we've been able to achieve through our Property Services and Development and Sales directorates working together to better understand the condition of resident's homes, and to help us to provide more effective, localised services to them by strategically transferring homes to other registered providers, where they do not lie within our core operational areas of Greater London and Greater Manchester."

"Providing existing and new social homes that are efficient for us to maintain and affordable for residents to live in will continue to be a major priority for us. This change is a logical next step to improve our efficiency even further, and deliver a holistic approach to ensuring the long-term quality of new and existing homes."

ENDS

Notes:

David Lewis joined L&Q in October 2020 as Director of Property Services before taking on the role of Executive Group Director - Property Services in 2023, where he has led L&Q's sector-leading £3 billion, 15 year major works investment programme.

David has three decades of experience working in social housing and has held senior leadership and executive property asset management roles for a number of London councils, arm's length management organisations and housing associations.

Before joining L&Q he was Executive Director of Property Services at Homes for Haringey. Prior to that he was Director of Asset Strategy at Westminster Council and Director of Asset Management at Clarion Housing Group.

David is a member of the Chartered Institute of Housing and an associate of the Royal Institute of Chartered Surveyors. David has also been a non-executive director for several housing associations.

Vicky Savage will remain in her role as Executive Group Director - Development and Sales until 7 August 2025.

For further information, please contact:

investors@lqgroup.org.uk

James Howell, Director of Partnerships          020 8189 1596

www.lqgroup.org.uk