Radius Housing appoints former PWC Partner Martin Pitt as new
Press Release - 1st February 2021
Radius Housing is
delighted to confirm the appointment of Martin Pitt as their new Chairperson.
Martin, who joined the Radius Board in 2019, takes over from retiring Diana
Martin was previously
Audit Partner at PriceWaterhouseCoopers until his retirement in 2018. He brings
considerable expertise in financing and risk management gained over many years
in the NI Social Housing and Public Sector. He also spearheaded the development
of the NIFHA’s Annual Global Sector Account Report. Martin is the Chair of the
Northern Ireland Audit Office Advisory Board and sits on the boards of a range
of charities, providing financial expertise and advice.
As Chair and working
with the Board he will continue to focus on tenant sustainability, growth and
the enablement of thriving communities, and is keen to see Radius carefully
maximise its resources for the benefit of the whole community. Radius is a
social enterprise which successfully balances its values driven ethos with an
innovative business acumen, while investing around £65m each year in the
development and maintenance of social housing. It holds an A1 Moody’s credit
rating, their highest such rating for a UK housing association. Last year
Radius became the first local association to complete a private placement with
UK and US investors, securing investment
of £105m for the development of new homes.
Speaking on his
appointment, Martin said “It is a great honour to be appointed Chair
of Radius Housing, particularly at such an important time for the organisation
and the wider housing sector. I am very pleased to succeed Diana Fitzsimons who
led Radius so successfully in its formative years. Well planned, quality social
homes are the springboard to a better and fairer society for all. By getting
the housing right, we improve health, education and employment prospects.
Ultimately this will help to reduce poverty and give our young people the
belief that they can not only improve the prospects for them and their families
but for their whole neighbourhoods too.
“I look forward to working with the Board,
the Senior Management Team and all Radius staff, to continue to provide the
best possible housing, care and support, in spite of the pandemic which is
having a devastating impact on so many vulnerable people.”
John McLean, Chief
Executive of Radius Housing said “We are delighted to
announce that Martin Pitt is the new Chair of Radius Housing. Not only does
Martin bring a great wealth of expertise in corporate finance, governance and
social housing but he also has a terrific insight into best practice across the
private, voluntary and public sectors.
He is a huge asset to Radius and the wider Social Housing family.
Following in the footsteps of our outgoing Chair, Diana Fitzsimons, is a
considerable task, but I know that Martin will put his own unique stamp on
Paying tribute to
Diana Fitzsimons as she steps down as Chair, John added A great deal of
the success of Radius has been down to Diana’s leadership
and her personal touch. Working with the Board she helped set the direction and
priorities for our new organisation, with the customer at the centre. We all
thank her for energy and clarity of vision and wish her every success in her
Martin Pitt FCA,
MAcc, BSc (Hons) is a Chartered Accountant who worked as an audit partner for
PriceWaterhouseCoopers until his retirement in 2018. With over thirty years of
experience providing assurance services to a range of clients, Martin
specialised in the charity and public sectors and worked extensively in the
housing sector. He was involved in the development of the Housing Sector
Accounts with NIFHA and is a specialist in governance and risk management.
Martin has worked extensively across the sector and is familiar with the issues
facing social housing.
Martin is the
Chair of the Northern Ireland Audit Office Advisory Board and sits on the
boards of a range of charities, providing financial expertise and advice.
Martin brings a strong financial skill set to the Board, including experience
of working with a range of regulators, ensuring the highest standards of service
are maintained by the organisations in which he is involved.
Martin joined the
Board in September 2019 and takes on the position of Chair from 1st February.