THE Royal Borough’s top director who was “instrumental” in the area’s major regeneration schemes resigns to “take up a new challenge”.

The managing director of the RBWM Property Company Ltd, Barbara Richardson, has been with the company since its inception in 2017 to deliver massive projects hoping to bring about new investment and new homes and infrastructure.

The council wholly owns the RBWM Property Company Ltd.

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Barbara Richardson will leave her top job in mid-August to join a new company called Square Roots, which was established by London Square who is expanding into the affordable housing sector.

In an email sent to councillors, seen by the Local Democracy Reporting Service, she wrote: “Under my direction, the Prop Co [RBWM Property Company] has been instrumental in identification, selection of Joint Venture Partners, and the start of what will be an amazing economic, environmental and social regeneration, that will attract over £3 billion of investment for the borough.

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“I leave the Prop Co in good hands, with a team of professional surveyors that have been recruited to continue on with the work, and deliver the regeneration that the borough needs to deliver new homes, infrastructure, schools, health, and community facilities.”

Barbara Richardson has worked in the housing and property sector since 1995 and, during this time, she has held several posts at senior director and board level, in both medium and large national and international organisations.