Governance

The governing body of THCH is the Board.

The Board has overall responsibility for the affairs of THCH and directly monitors the company’s financial and development performance.

The Board has a committee structure designed to exercise effective control over THCH’s business. There are 4 Board Committees, detailed below:

Audit and Risk

Nominations and Remuneration

Operations

Development

THCH has a profit making subsidiary THCH New Homes that builds homes, including for outright sale.

In December 2018 THCH had its governance upgraded by the Regulator of Social Housing (RSH) to a compliant G2 grading. This followed a Regulatory Downgrade to G3 in March 2016 that was due to a failure to:

  • deliver an effective risk management and internal controls framework
  • communicate with the Regulator in an accurate and timely manner
  • publish a robust, transparent and accessible Value for Money self assessment for two years

The Regulator was subsequently notified by THCH of health and safety breaches relating to fire safety and asbestos.

Philip Sullivan, Chief Executive of THCH said in December 2018, ‘Returning to a compliant governance grading is a significant and positive milestone for THCH after a successful period of restructuring and culture change that has transformed THCH into a hugely different and improved organisation.

‘We very much appreciate the assistance that the RSH and other key stakeholders, particularly Tower Hamlets Council, have provided us through this vital period of change for THCH.

‘All levels of the THCH team have been strengthened including our board and executive team and we are now working hard to return to a G1 governance grading.’

‘This gives us a strong platform for THCH to focus on continuing to build connected communities in Tower Hamlets, creating vibrant places for people to live and giving those people support to achieve their aims in life where we can, underpinned by great value services.’

Nick Abbey

Board Member

Nick Abbey

Board Member

Nick was elected Chair of THCH in September 2015.

Until 2015, Nick was Chief Executive of The ExtraCare Charitable Trust, a charity supporting over 4,000 older people across the Midlands and North England. Prior to that, Nick was CEO at Hereward Housing in Cambridgeshire from 1992 until they joined the Sanctuary Housing Group, where he became Director responsible for services for tenants in 57,000 homes throughout England and Scotland. Nick is a former Board member of the National Housing Federation and a former Chair of a Local Strategic Partnership.

Nick is Chair of the Standards Committee at ARCO – Associated Retirement Community Operators – a trade body for both private and not-for-profit operators of housing with care. Nick is also the Chair of Hundred Houses Society, a Cambridgeshire Housing Association with around 1,000 properties, and a Board member at Civitas Housing Advisors.

Committees: THCH New Homes, Development Committee and Nominations & Remuneration Committee.

Carlo Gibbs

Board Member

Carlo Gibbs

Board Member

Carlo was appointed to the Board in October 2014; he currently chairs THCH’s Operations Committee.

Carlo is a resident of Tower Hamlets and a former Tower Hamlets Councillor who brings experience at a strategic level to THCH, having previously chaired the council’s Audit and Human Resources Committees. Carlo is an experienced corporate communications, social responsibility and policy development specialist.

Committees: THCH New Homes and Operations Committee (Chair).

Faisal Butt

Board Member

Faisal Butt

Board Member

Faisal was appointed to the Board in December 2015.

Faisal is the Lead Commissioner for Housing at the London Borough of Barnet and has previously been the Director of Employment, Skills and Homelessness at The London Borough of Barking & Dagenham. Faisal brings significant experience in terms of housing strategy and policy. He has worked in the social housing sector for over 12 years and has previously been Head of Housing Strategy at Camden, Housing Strategy and Partnerships Manager at Tower Hamlets and is currently Chair of the CIH London Board.

Committees: Operations Committee, Development Committee (Vice Chair) and Nominations and Remunerations Committee.

Mark Thrasher

Board Member

Mark Thrasher

Board Member

Mark was appointed to the Board in May 2016.

Mark is currently the Executive Director of Finance at Aspire Housing and brings a wealth of finance, business planning, audit and risk management experience to THCH. Mark has worked in the social housing sector for over 20 years as a senior executive and has previously been Deputy Chief Executive at Wulvern Housing, Assistant Director of Resources at Chester and District Housing Trust and Head of Finance at Dane Housing.

Committees: Audit & Risk Committee (Chair).

Jennifer Simnett

Board Member

Jennifer Simnett

Board Member

Jenny Simnett is an experienced Director and NED with significant success in transforming strategic focus, operational and people performance within diverse national and global organisations.

She brings a blend of commercial and strategic business development skills combined with organisation development and people strategy skills. She started her career at Reuters’ financial services in UK followed by overseas postings to Sweden, Denmark and Mexico (covering Mexico, Central America and Cuba).

Building on this early career in sales & marketing management, she has added an MBA, an MSc in Organisational Psychology, PRINCE2, Six Sigma, Change Management and IoD corporate governance qualifications. She has worked in consulting roles for Huthwaite International, the training organisation and home of SPIN selling; Cendant Mobility on international relocation; and Great Place to Work on employee engagement.

For the past 11 years, Jenny has been self-employed as an interim professional in transformation and change with expertise in HR and OD. She has worked for diverse organisations such as British Gas, London Pensions Fund Authority, London Underground, Luton Airport, Heathrow Airport, Surrey County Council and Great Place to Work Institute. She is also Vice Chair of Relate West Surrey and a trustee for Carer Support Elmbridge, as well as a past trustee and Director for NW Surrey Samaritans.

Jenny joined the Board of THCH in October 2017.

Committees: Nominations and Remuneration Committee (Chair).

Clare Harrisson

Board Member

Clare Harrisson

Board Member

Clare was appointed to the Board in December 2015.

Clare is a Senior Policy and Programme Officer at Greater London Authority

Clare was previously the Councillor for the St Peter’s Ward in Bethnal Green and has previous experience of being a Governor at a local primary school

Committees: Operations Committee (Vice Chair).

Charles Moran

Board Member

Charles Moran

Board Member

Charles was appointed to the Board in October 2014.

Charles is a Chartered Town Planner and brings knowledge of development, planning and legal experience to the Board as well as first-hand experience of urban development issues. He has worked on a range of projects including various housing regeneration schemes in East London and the Thames Gateway. Charles is also the Secretary of the Shoreditch Conservation Advisory Committee and a member of THCH New Homes Board.

Committees: Development Committee (Chair) and THCH New Homes.

Karanjit Randhawa

Board Member

Karanjit Randhawa

Board Member

Karanjit has over 14 year’s experience in Financial Services, working across a variety of strategic risk management roles within blue chip organisations.

Karanjit currently works within a senior risk role at the Financial Conduct Authority managing complex risks in the financial services sector. Karanjit is a member of the Institute of Risk Management and brings senior level risk management, audit and governance skills to his role as Non-Executive Director to help add to and complement the challenge and decision making at the THCH Board.

Committees: Audit and Risk Committee.

Steve Winney

Board Member

Steve Winney

Board Member

Steve was appointed to the Board in July 2018

Steve brings a resident perspective, a background in property refurbishment and is also THCH’s Health and Safety Champion.

Committees: Operations Committee

Estera Gliwska

Estera Gliwska

Estera is a Resident Board member

Estera was appointed to the Board in February 2019.

Estera brings a resident perspective as well as a background in accountancy.

Committees: Audit and Risk Committee