The former chair of the G15 group will step down from her role in autumn this year
Geeta Nanda is set to step down from her position as chief executive of Metropolitan Thames Valley Housing in autumn after a total of 16 years at the organisation. She is leaving her role to focus on caring for her mother and will depart in the autumn once a replacement is in post.
Nanda has held various leadership positions in the housing sector throughout her career spanning over 35 years.
She was the chief executive of Thames Valley Housing for nine years. In October 2017, she took on the same role at Metropolitan, until the two organisations merged to form Metropolitan Thames Valley Housing (MTVH) in 2018.
In 2012, she established MTVH’s acclaimed build-to-rent subsidiary, Fizzy Living. MTVH exited the business in 2021, selling its minority stake in Fizzy Living to Greystar Real Estate Partners, a global real estate company and putting the proceeds back into its affordable housing delivery.
Nanda was a board member of the National Housing Federation and is the former chair of the G15 group of London’s largest housing associations as well as being a columnist for Housing Today.
She is also a non-executive member of PRS REIT plc and serves on the government’s older people’s housing taskforce and the advisory board for Homewards, the Prince of Wales’ Homelessness initiative.
In 2013, Nanda was awarded an OBE for achievements in social housing.
On her decision to step down, Nanda said: “When you have the privilege to lead an incredible organisation like MTVH for 16 years it can be hard to find the right moment to step away, but I know this is the right time for several reasons.
“First, we have bounced back from the pandemic, with an improved credit outlook, the ability to deliver more opportunities for our residents, and the strongest governance rating.
“Second, there is a real continuity, strength, and depth in our chair, board and senior team, colleagues, and involved customers who will carry on MTVH’s mission to give everyone a decent home and the chance to live well. Finally, this is also the right time for me personally as my mum turns 91 this year and I want to spend more time caring for her.”
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In December 2023, S&P global ratings revised MTVH’s credit outlook from negative to stable and affirmed its ‘A-’ long-term issuer credit rating on MTVH.
Althea Efunshile, chair at MTVH, is leading the recruitment process to appoint a new CEO, and has appointed executive search specialists Odgers Berndston to assist.
Nanda will remain in post as chief executive to deliver on MTVH’s strategy and plans and to facilitate the handover to her successor.
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