Housebuilder Barratt has appointed investment banker Caroline Silver as its next chair, succeeding John Allan from September this year.
Silver, an advisory partner at investment bank Moelis & Company with 30 years’ experience in the investment banking sector, will become a non-executive director and chair designate at Barratt from June ahead of taking up the leadership role.
She will also join the remuneration and nomination committees from June and become non-executive chair of the nomination committee in September as part of the planned succession process led by senior independent director Jock Lennox.