Securing Our Future
bpha is uniquely positioned to maximise the opportunity within the Oxford to Cambridge corridor.
Six key strategic themes – our choices for our future
Board and Committee
Board
Non-executive directors
Professor Paul Leinster CBE
Chair of the Board
Ian Ailles
Chair of the
Audit and Risk
Committee
Paul High
Chair of the
Development and Assets
Committee
Katherine Horrell
Chair of the
Group Treasury
Committee
Dr Geraldine O'Sullivan
Non-Executive Director
Shirley Pointer
Chair of the
Remuneration and Nominations
Committee
Bob Tattar
Non-Executive Director
Executive Leadership Team
Kevin Bolt
Julian Pearce
Jeff Astle
Director of Development and Sales
Anna Humphries
Director of
Customers and
Services
Adrian Moore
Director of
IT
Paul Cook
Interim Director of Property Services
Gosia Motler
Director of Strategy & Corporate Finance
Lindsay Todd
Director of HR & Employee Engagement
Philippa Spratley
Director of Governance and Compliance
Eddie Kelly
Director of Governance and Compliance
Independent and other committee members
Viability Rating V1 / Governance Rating G1
bpha has had a continuous growth strategy since its incorporation in 1990. Our current strategy is to produce 600 Affordable Homes per annum.
Homes owned or managed at year end
Development criteria
Strict development criteria is applied to all new projects to ensure each development enhances bpha’s financial strength.
- 35 year NPV and no terminal value
- Conservative development assumptions applied
- No capital appreciation assumed
- Asset value generated for charging of security must normally be greater than net development cost so that overall balance sheet capacity is enhanced
- IRR must achieve a hurdle rate set on basis of: long term cost of funds + margin + interest cover buffer + risk buffer