Saffron Housing Trust chief executive resigns after HCA downgrade
- Credit: Archant
Two senior executives have resigned their post from Saffron Housing Trust, just weeks after the association was criticised by a watchdog for poor governance.
Chief executive Adam Ronaldson, who had been placed on gardening leave, and Stephen Flowitt-Hill, director of housing and finance, have tendered their resignations, Saffron said.
Last month a report the Homes and Communities Agency into the Long Stratton-based trust concluded there were issues of 'serious regulatory concern' over the way it has been run, with some board members not appointed properly. Saffron has since been working with the HCA to resolve the situation.
Catherine Guelbert, chairman of Saffron Housing Trust, said: 'We would like to thank Adam and Stephen for their service over the past 12 years and wish them both well for the future.
'Saffron continues to perform strongly and we are actively looking to recruit two new senior executives who can build on our successes to date.
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'While we look to appoint the two posts on a permanent basis, John Whitelock will continue to steer the organisation as our capable acting chief executive while Sally Anderson is acting as interim finance director.'
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