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Orbit chief executive steps down after 14 years

The chief executive of Orbit has stepped down after 14 years.

Announcing his departure, Paul Tennant said: "It has been a privilege to transform Orbit into a sector leading organisation delivering a broad range of services, significant community investment and one of the sector's largest homebuilding programmes.”

“Now is the right time for me to move on to the next phase of my career and for Orbit to identify its future leaders as it enters its 50th year.”

Under Paul Tennant’s leadership Orbit has grown from around 25,000 homes to almost 40,000 homes today and in 2016 was the second largest housing association developer in the country, delivering 1,750 new homes to rent, own and part-own.

Orbit has also grown its community investment programme to c£3m a year and innovated in customer services in areas such as real-time feedback.

Orbit will appoint an interim chief executive shortly. In the meantime, Orbit’s Executive Director of Customer Services Paul Richards, is acting in the role.

Paul Richards said: “Paul leaves Orbit in great shape, with strong financial capacity and governance and our 2020 vision very much on track. For Orbit it is very much business as usual as we continue to deliver our 2016-17 Business Plan and focus on delivering core services.”

This year Orbit celebrates its 50th anniversary having invested in homes, services and communities to support around 100,000 customers since 1967.