Former Grosvenor Group director takes the helm at retirement operation

Former executive director of the Grosvenor Group Will Bax has been named the new chief executive of Retirement Villages Group.

Will Bax, RVG

Bax (pictured, right), who starts at RVG next month, replaces Andrew Ovey, who is head of healthcare at AXA Investment Managers – Real Assets and has led the firm since AXA bought RVG on behalf of clients two and a half years ago.

Established in 1984, RVG has 16 retirement villages across England, including two under construction.

Andrew Ovey said the group had made good progress with its pipeline in the 18 months since AXA bought the business, with five sites lined up.

“At the same time, our residents and existing villages remain a core focus as we continue to extend and improve many of our villages, helping to deliver and support thriving communities.

“We are now delighted to welcome Will and see him lead on this continued growth,” Ovey added.

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