Peabody has appointed Tariq Kazi to the position of treasurer, where he will be responsible for ensuring the group has the long-term financial resources to invest in existing homes and build new homes.

He will also manage investor relations in the bank and bond markets for the group’s financial asset portfolio, which has a total value of £6bn.

Kazi has almost 20 years’ experience in banking and auditing. He was head of credit for the Housing Debt Guarantee Scheme, now the Affordable Housing Guarantee Scheme, which provides long-term, cost-effective loans to private Registered Providers of Social Housing.