Riverside has announced that the board director of Riverside Finance, Nigel Perryman, has stepped down effective 31 May.

Perryman, who has served as director of the housing association’s finance company since 2017, has been replaced as he has reached the end of his term.

Joanna Bonnett and Matthew Blake replaced Perryman as directors of Riverside Finance on 1 June. They have also both been appointed as members of the group treasury committee of the Riverside Group.