Hyde hires Hulme as new helm

Lloyds’ Andy Hulme has been appointed as chief executive of housing association Hyde Group. Hulme (pictured) is currently global managing director of real estate and housing at Lloyds Banking Group. He also sits on the board of the Housing Growth Partnership, the social impact investor backed by Lloyds and Homes England. Hulme said he was “humbled to be asked to serve as Hyde’s CEO”. He added: “Providing safe and secure homes to those who wouldn’t otherwise have one is a cause very close to my heart.” Mike Kirk, chair of Hyde Group, said: “His extensive experience in delivering products, propositions and transformative change across multiple brands and channels, coupled with his deep understanding of the housing market, will help accelerate the delivery of our ambitious strategy to become a truly customer-driven organisation.” In March, Hyde signed a deal with M&G Investments to build up to 2,000 shared-ownership homes. “These types of partnerships with institutional investors will be vital if we are to overcome the multiple funding challenges we face,” Hulme said. “I am looking forward to helping Hyde find new sources of funding, so we have the money to keep developing at the same rate, while ensuring homes are safe, decent and sustainable.” Neal Ackcral will remain as interim CEO until Hulme takes up his post in early 2022, and will then revert to his previous role as chief property officer.   To send feedback, e-mail piers.wehner@eg.co.uk or tweet @PiersWehner or @EGPropertyNews Photo © Hyde Group