Board of Directors

The Directors are responsible for the determination of the Company's investment policy and strategy and have overall responsibility for the Company's activities including the review of investment activity and performance and the control and supervision of the Fund Manager.

All of the Directors are non-executive and are independent of the Fund Manager.

Robert Whiteman ReSI Social Housing

Robert Whiteman

Non-executive Chairman

Mr Whiteman has been the Chief Executive of the Chartered Institute of Public Finance & Accountancy (CIPFA) since September 2013.


Mr Whiteman was Chief Executive of UK Border Agency from 2011-2013 and had previously led the Improvement and Development Agency from 2010-2011. Mr Whiteman was Chief Executive of London Borough of Barking and Dagenham from 2005-2010 and has held various positions in London Borough of Lewisham from 1996-2005, latterly as Director of Resources and Deputy Chief Executive. Mr Whiteman also held various positions in the London Boroughs of Newham and Camden from 1986-1996.


Mr Whiteman is the independent chair of both the East London Health & Care Partnership and Barking & Dagenham College, and technical adviser to the board of the International Federation of Accountants (IFAC) in New York. Mr Whiteman has previously been a non-executive director of the Department of Energy & Climate Change, Whittington Health NHS Trust and Barking, Havering and Redbridge University Hospitals NHS Trust.


Mr Whiteman was educated at the University of Essex where he gained a BA (Hons) in Economics and Government.

Robert Blackburn Gray ReSI Social Housing

Robert Gray

Non-executive Director and Audit Committee Chairman

Mr Gray began his career with Morgan Guaranty Trust Company of New York (MGT) in 1971. He was appointed Vice President, International Financial Management in MGT’s New York head office in 1979, and then as Vice President for world-wide loan syndication activities in MGT’s London Office. In 1984 he was appointed as Executive Director of Morgan Guaranty Ltd responsible for Eurobond underwriting activity. Mr Gray held various other positions within JP Morgan, including President and Tokyo branch manager of JP Morgan Securities Asia Limited and Vice Chairman of JP Morgan Securities Limited in London.


From 1994 to 2001, Mr Gray held roles at HSBC Markets Limited and HSBC Investment Bank in London working initially as Managing Director for Global Capital Markets and subsequently as Vice Chairman for Client Development. From 2001 until his retirement in 2015, Mr Gray was Chairman, Debt Finance & Advisory at HSBC Bank plc. In addition he served as Chairman of HSBC Saudi Arabia Limited, a Director and Chair of the Audit Committee of HSBC Bank Egypt and Director and Member of the Audit Committee of HSBC Bank Middle East.


As Director and Chair of the Overseas Promotion Committee of TheCityUK until 2012, Mr Gray served as financial services sector adviser to the U.K. Minister for Trade & Investment. He was Chairman of the International Primary Market Association from 2000 to 2005, and Vice Chairman and Chairman of the Regulatory Policy Committee of the International Capital Market Association, its successor body, until 2015. From 2005 to 2010 he was Director & Chair of the Audit Committee for the British Arab Commercial Bank. He also acted as Co-Chairman of the Moroccan British Business Council. Until June 2016 Mr Gray was a Trustee and Member of the Audit Committee for Centrepoint, the homeless charity, and Chair of the End Youth Homelessness Alliance. Mr Gray is currently Director and Chair of the Audit Committee of the Arab British Chamber of Commerce.


Mr Gray was educated at Sherborne School and St. John’s College, Cambridge University where he gained a MA (Hons) in History.


Gillian Rowley 

Non-executive director ReSI Housing Limited

Gillian Rowley brings over 30 years of housing and housing finance expertise, with focus on policy development within the framework of regulatory standards.


She served as the non-executive director for The Housing Finance Corporation from 2006 – 2012 where she was heavily involved in business strategy, financial policy and governance. This overlapped with her role as the Head of Private Finance at the former social housing regulator, the Homes & Communities Agency, where for 13 years she was responsible for relationships with lenders, investors, advisers and credit rating agencies operating in the social housing sector. She has also been an authority on all aspects of social housing finance policy, including advising government departments, leading on areas of regulatory standards and being responsible for social housing sector guidance on treasury management.


Before this Gill was the Head of Housing & Public Sector Finance at the United Bank of Kuwait, the Head of Consents at Housing Corporation, and Head of Housing at the Nationwide Building Society.

John Carleton ReSI Social Ho

John Carleton

Non-executive Director

Mr Carleton is currently executive director of property investment at Orbit. Mr Carleton was previously Partner and Head of Housing, Regeneration and Growth at Arcadis LLP. From 2010 to 2016, Mr Carleton was an executive director for Markets & Portfolio at Genesis Housing Association and Managing Director for Genesis Homes Ltd.


Mr Carleton held various positions from 1993 to 2009 as Director of Social Infrastructure and Housing at PricewaterhouseCoopers, Director of the Housing Corporation (now the Homes and Communities Agency), Property Director at Barclays Bank, Managing Director of HRC Ltd/Lehman Brothers and Head of the Specialist Property Division at the Bank of Ireland.


Mr Carleton was educated at the University of Liverpool and holds a MBA in Finance from Manchester Business School. Mr Carleton is a Fellow of the R.I.C.S. (Planning and Development Faculty) and also holds a IPF Investment Property Forum Diploma from the Cambridge University Land Institute.


Mike Emmerich

Non-executive Director

Mike brings considerable experience in urban development to the Board, with over 20 years of experience in delivering strategies for planning, housing, environment and innovation. As the Founding Director of Metro Dynamics, a specialized consultancy for city authorities, Mike plays a central role on many major city projects including the devolution deals in the West Midlands and North East which give more local responsibility for housing and infrastructure. He also provides support for the Metro Mayor in Liverpool and advises the Cambridge and Peterborough Independent Economic Review.


Prior to setting up Metro Dynamics in 2015, Mike was the Chief Executive of New Economy Manchester which delivers policy, strategy and research for Greater Manchester.  Working with local authorities and private and public sector partners, Mike led New Economy in aiming to understand, influence, and innovate, creating a better economy for the conurbation.  In his nine years in this role, Mike played a pivotal role in the Manchester devolution deals.


Mike’s other previous roles include Senior Policy Adviser on social and economic development in the Prime Minister’s Policy Unit and Policy Adviser to HM Treasury.