The L&Q Group Board oversees all aspects of work carried out by the L&Q Group. The board is made up of individuals from a variety of backgrounds.
L&Q board members
Aubrey Adams OBE, FCA, FRICS
Chairman of the Group Board
Aubrey Adams was appointed as Chair of the L&Q Board on 3 September 2015. Aubrey is the former Chief Executive of Savills and has spent the majority of his career in the property sector. Aubrey is also a Non-Executive Director of British Land Co. and Tritax BBR PLC0. Alongside his portfolio he has an established interest in the not-for-profit sector, and is a longstanding Trustee, and now Chairman, of Wigmore Hall, London's leading chamber music venue.
Aubrey is a Fellow of the Institute of Chartered Accountants and the Royal Institution of Chartered Surveyors.
Aubrey has recently been awarded an OBE for Services to the Arts.
David Montague CBE, FCCA
Group Chief Executive
David Montague has been Chief Executive of L&Q since February 2008. He has been with L&Q since 1988 and served as Group Director of Finance before his current appointment.
In 2013 David was elected to the NHF board and awarded a CBE for services to housing in London.
David is a member of the g15 CEOs Group which represents London’s largest housing associations providing homes for one in ten Londoners and one quarter of all new homes. The g15 is working to solve the housing crisis by delivering good quality, affordable homes of all types. Until recently David was chair of this group for a two year period. In this capacity he was also a member of Sadiq Khan’s Homes for Londoners Board.
David is a Fellow of the Association of Chartered Certified Accountants and a Fellow of the Royal Institute of Chartered Surveyors. He writes and speaks on housing issues and publishes regular blog posts on L&Q’s website.
David is L&Q's most senior lead champion for equality and diversity issues. This includes being an ally of our lesbian, gay, bisexual and transgender staff and residents network.
Simon Rubinsohn is Chief Economist at RICS where he is responsible for overseeing macro-economic analysis, business strategy and the production of the high-profile suite of real estate market surveys. He regularly meets with policy makers at the Bank of England, HM Treasury, the ECB and the US Federal Reserve, is a frequent visitor to the IMF and is a highly regarded media commentator on matters relating to the built environment. Simon is also on the Group Board of the housing provider L&Q, where he has specific responsibility for the development programme. Prior to joining RICS, Simon worked in the financial services industry for more than 20 years. Most latterly, he was employed by Barclays Wealth where, as a strategist, he focused on setting asset allocations for client portfolios. Before that he worked for a number of medium sized wealth management businesses and for ANZ, both as an economist and in bond sales.
Trevor was appointed Deputy Chair in February 2017. He is a Chartered Surveyor who has been involved in the property industry since 1975. He is Joint Managing Director of London based Dorrington PLC, a privately owned residential and commercial property investor and developer. He is a Governor of The Dolphin Square Foundation, a housing charity with a focus on the City of Westminster and Chair of Salusbury World, a charity based in The London Borough of Brent, which supports refugee children. He is also a Trustee of The Freud Museum.
Trevor was appointed to the Group Board in September 2014, and chairs the Governance & Remuneration Committee.
Samantha has worked for and advised some of the highest profile brands in the UK, such as Channel 4, the Ministry of Sound and TalkTalk on topics ranging from corporate social responsibility, talent management or special projects relating to wider business plan delivery.
Samantha has held exciting roles such as that at Save the Children where she was Director of the UK Programme and CEO of the Camelot Foundation where she was responsible for the delivery of high impact grants to some of the most marginalised communities in the UK. Samantha recently returned full time to her role as Director of a management consultancy based in the UK, Square the Circle.
Samantha was appointed to the Group Board in September 2014 and is a member of the Development Committee.
Betsy joined the civil service in September 2014 as Director General and Chief Operating Officer of the Department for Environment, Food and Rural Affairs where she is responsible for leading a group-wide transformation programme and supporting the department's EU Exit efforts. She previously spent 12 years at British Gas/Centrica where she held a variety of different roles including Managing Director of Community Energy, providing energy services to social housing and fuel poor households. She was a member of Business in the Community's Finance and Risk Committee from 2011 to 2014.
Betsy originally hails from the United States but moved to the United Kingdom in 2000. She holds a BA in International Relations from Stanford University and an MBA at Wharton.
Betsy was appointed to the Group Board on 3 September 2015. She is a member of the Governance and Remuneration Committee and chairs the Customer Experience Committee.
Mike began his career in finance roles at Cambridgeshire County Council before joining Suffolk County Council in 1999, initially as Director of Resources and then becoming Chief Executive in 2002.
In 2008 Mike was appointed Chief Executive of Westminster City Council - arguably the highest profile local authority in England, with a turnover of £1.4 billion. He drove through major strategic and operational changes, including a pioneering service delivery partnership between three London boroughs. He retired from this role in winter 2013.
Mike is Chair of the Cambridge University Hospitals NHS Foundation trust and was appointed to the Group Board in September 2016. He chairs L&Q's Audit and Risk Committee.
Tracey's career started with blue chip manufacturer ICI, where she was ultimately responsible for leading one of their business units. From there, she joined Barclays Bank in 2001 and sat on the Group Purchasing Board, accountable for strategic sourcing across the Bank and subsequently became Commercial Director for Home Finance, setting strategy and bringing commercial leadership and service improvement to the Barclays mortgage business.
In 2006 Tracey joined Bupa as Managing Director for the Care Home business in the North of England and Scotland, which involved contracting with and providing a service on behalf of local authorities and the NHS. Her remit also involved leading on customer service and she later took on the accountability for driving and delivering customer service on an international scale across all of Bupa's Care Homes.
Her last role was as Managing Director of Bupa Health Clinics, operating as a member of the Bupa UK Board with turnover of £2.8 billion. She led on significant growth, both organically and through M&A activity, and spearheaded a transformation and modernisation agenda to ensure the business was fit for purpose.
Since leaving the organisation in 2014, Tracey has been working with Berendsen PLC and is accountable for developing their healthcare strategy, in addition to leading one of their strategic growth businesses.
Tracey was appointed to the Group Board in September 2015 and is a member of the Audit & Risk committee and a member of the Group's care & support subsidiary Board. Tracey has an MBA from Manchester Business School and is a Fellow of the Chartered Institute of Marketing and a Fellow of the Chartered Institute of Purchasing & Supply.
Larissa was appointed to the L&Q Board in December 2016 following East Thames Ltd's merger with L&Q. She has also served as Senior Independent Director of East Thames since 2014.
Larissa is a qualified lawyer. She is Independent Non-Executive Director of Charles Russell Speechlys LLP; Non-Executive Director of Saxton Bampfylde and Chairman of The Foundling Museum. She is a former Partner and Global Chief Operating Officer of Actis LLP, a private equity firm. She was formerly Vice Chairman at WPPs Ogilvy and Mather UK, and European Chief Operating Officer of Weber Shandwick. She was a founding Director and Chair of the Remuneration Committee of V Inspired (formerly Russell Commission) and Chairman of the House of Illustration.
She is a member of L&Q's Governance and Remuneration Committee.
Waqar has worked for L&Q Housing Group for 20 years and was appointed Group Finance Director in 2008. He has been in the Social Housing Sector for over 25 years.
Waqar main priorities has been to develop a management culture across the entire L&Q Group that pursues our social objectives with a commercial approach to optimise business efficiencies. In 2008, as Group Finance Director his immediate priorities included simplifying the group structure and developing a new financial model and investment strategy that ensures the Group can maximise capacity for growth and retain the confidence of key investment stakeholders. Waqar has supported the Group in taking on commercial activities and vertical integration in both operational and Development functions to generate significant financial strength. This combined with some £3 billion refinancing of our loan book with simple and flexible covenants sets the platform for the L&Q Group to build a 100k development pipeline over the next 10 years.
Waqar has supported he Group's initiative to work in partnership with House builders and other Housing Associations unlocking additional capacity to build more homes. The recent partnership with Trafford Housing Trust is an example of how two housing associations can work in partnership in a mutually beneficial way and boost the supply of new homes.
A key driver for Waqar is to provide opportunity and support the development of people in the finance department and encourages staff to take advantage of our in house accredited professional qualification schemes as well as leading on new projects.
Rajiv is managing partner of Jaitly LLP, a consultancy specialising in risk, governance and operational due diligence. He holds other non-executive directorships and previously held senior positions at Santander and Axa Investment Managers. Rajiv is a Chartered Accountant and Licensed Insolvency Practitioner, a Fellow of the Chartered Institute of Securities and Investment and a Fellow of the Association of Business Recovery Professionals.
Rajiv Jaitly has recently joined the Group Board as a co-opted member.