Triple appointment to Sanctuary Group Board
Sanctuary Group has announced three new appointments to its Group Board. James Thallon, Ian Chisholm and Alok Bhalla have all been appointed as non-executive members.
As one of the UK’s leading housing and care providers, Sanctuary Group owns and manages over 100,000 units of accommodation. We are committed to providing quality and affordability in housing and effective social care.
Sanctuary Group operates under multiple regulatory regimes. As a registered provider, Sanctuary is responsible for regulatory compliance to the Regulator of Social Housing. The Regulatory Judgements published by the Regulator of Social Housing give Sanctuary Group ratings for Governance and Viability of G1 and V2 respectively. This indicates that Sanctuary meets the requirements set out in the Governance and Financial Viability Standard and is in a strong and stable position. In Scotland our housing operation is regulated by the Scottish Housing Regulator (SHR). We have a medium level of engagement with the SHR because our size in Scotland means we have what it terms systemic importance. Our care operations are regulated by the Care Quality Commission and the Care Inspectorate.
To help us achieve our aims we receive private finance from institutions such as banks and other lenders, in addition to government funding. We work on building excellent relationships with our investors and funders and are committed to ensuring that we remain financially robust, through good times and bad. This is particularly important because our customers depend on us to ensure they have a roof over their heads or the care and support services they need.
The international rating agency Standard & Poor's has given Sanctuary a credit rating of A+ negative and Moody's Investors Service has given us an A2 stable rating.
Sanctuary's Group Board oversees all of the activities undertaken by the organisation, ensuring compliance with Sanctuary's values and objectives. It comprises up to seven non-executive members, the Group Chief Executive and up to three co-opted members.
Day-to-day management of activities is undertaken by Group Chief Executive, Craig Moule, and the Group Executives. They are responsible for ensuring that the organisation has appropriate arrangements in place to meet objectives and targets.
Sanctuary Group Annual Report and Financial Statements 2019/2020 (PDF 2.45MB)
Sanctuary Group Corporate Strategy 2020-2023 (PDF 1.44MB)
Sanctuary Group has announced three new appointments to its Group Board. James Thallon, Ian Chisholm and Alok Bhalla have all been appointed as non-executive members. Sanctuary Group has issued its audited financial results for 2019/20 which shows improved underlying performance and demonstrates the Group’s strong financial position. Sanctuary Group has issued a £350m secured bond with 32 investors at a coupon of 2.375%.Block
Triple appointment to Sanctuary Group Board
Sanctuary Group issues strong financial results for 2019/20
Sanctuary Group issues £350m bond
Sanctuary Group has many accreditations from a large number of organisations including regulators, ratings agencies, training organisations and the British Standards Institute to name a few.
Sanctuary Group has been recognised as an award-winning organisation. We are very proud of the accolades we have received. These include prestigious development, employment, student accommodation and care awards.
Sanctuary is a corporate member of a number of organisations, spanning a wide range of areas covering housing, facilities management, care, construction, universities and disability. This helps us to deliver high-quality services and keep abreast of best practice.