Waqar Ahmed has announced that he will resign from his role as L&Q’s group finance director by the end of the financial year, following more than 16 years in the position.

After stepping down from the group finance director role, Ahmed will remain with L&Q in an advisory capacity, working on projects aimed at identifying opportunities to boost investment in affordable housing.

Ahmed began his career at L&Q as a finance manager in 1997. He was promoted to director of treasury and investment in 2005, before becoming group finance director in 2008.