The chief financial officer at Sovereign is standing down due to unspecified personal reasons.

Tracey Barnes, who joined the 60,000-home association in 2019 from drinks giant Diageo, will leave her post on 18 November.

Barnes played a role in creating Sovereign’s corproate plan, under which it is aiming to build 2,400 homes a year from 2026/27 through a 50% land-led approach. A Sovereign spokesperson said she also led on an overhaul of the finance directorate.

Barnes said: “Little did I know when I took up the role that it would entail a global pandemic, delivering our services through national lockdowns and more recently addressing the consequences of Russia’s invasion of Ukraine, an energy crisis and a cost-of-living crisis