How NHBC is run

We are run by our board of directors and governed by our council members

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Governing Council and Board of Directors

NHBC Council

NHBC is a private company limited by guarantee, and its governing body comprises individual members, known collectively as the NHBC Council. Council members are drawn from a range of organisations that are interested in, or associated with, the house-building industry.

Board of Directors

The Board’s principal role is to agree and oversee the implementation of NHBC’s strategy, and to ensure that the necessary resources are in place to enable it to meet its objectives, and that the financial performance, controls and risk management procedures are suitably robust. The Board is also responsible for ensuring that NHBC maintains an appropriate standard of governance with regard to the Constitution, the UK Corporate Governance Code and the regulatory framework in which the company operates.

The Board is accountable to the Council.

Alan Rubenstein, chair of NHBC, wearing a black suit, smiling at the camera with a grey background Chair

Alan Rubenstein

Alan Rubenstein joined NHBC in February 2020 in the role of Non-Executive Director and Chair of the Investment Committee and became the NHBC Chair in June 2020. With over 30 years’ experience in pensions, insurance, asset management and investment banking, he has held a range of senior roles, including CEO of the Pension Protection Fund between 2009 and 2018. In addition to his role at NHBC he is currently a non-executive director of Fidelity International’s UK holding company and Chair of its investment platform business, a Trustee Director of the British Coal Staff Superannuation Scheme and Chair of the Scheme's Investment Sub-Committee, and a Non-Executive Director and Chair of the Investment Committee of Pool Reinsurance Company Ltd.

Steve Wood, Chief Executive Officer of NHBC, smiling at the camera on a grey background Chief Executive Officer

Steve Wood

Steve Wood joined the NHBC Board as CEO in June 2017. He was previously the CEO of Paymentshield, UK Managing Director at Ecclesiastical Insurance Group and Managing Director at FirstAssist Group. Prior to that he held senior positions at RSA Insurance Group plc and Royal Insurance. Steve has a BSc (Hons) in Mathematics and is a Fellow of the Chartered Insurance Institute. In addition to his NHBC responsibilities, Steve is a Director of the New Homes Quality Board.

Paul Hosking, Chief Financial Officer of NHBC, smiles at the camera on a grey background Chief Financial Officer

Paul Hosking

Paul Hosking joined NHBC in 2016. He is a qualified Chartered Accountant with 30 years’ post-qualification experience working in the UK and European insurance markets. Paul qualified with PricewaterhouseCoopers and spent a number of years at the firm, after which he joined QBE Insurance (UK) and worked in a variety of operational and group finance management positions. Before joining NHBC, Paul spent 13 years at W. R. Berkley where, as CFO, he helped the company establish insurance businesses in five European countries and Australia, alongside a number of wider executive management and operational responsibilities.

David Campbell, Commercial Director of NHBC, smiling at the camera on a grey background Chief Operating Officer

David Campbell

David Campbell joined us in January 2020 in the newly-created role of Commercial Director, with overall responsibility for NHBC’s team of Regional Directors, Customer Relationship Director including Business Development, Commercial Services, Customer Services and Marketing & Communications. With over 30 years’ experience in the house-building industry, including eight years on the main board of London developer Telford Homes plc prior to joining NHBC, he brings a wealth of experience to the role and a wide appreciation of the real estate process from the builder perspective. In previous roles, David operated as both a Sales and Marketing Director and Regional Managing Director for a number of major residential and mixed-use developers, including the Berkeley Group, Barratt Developments and Wilson Bowden Developments. In April 2023 David became NHBC's Chief Operating Officer.

When making appointments to the Board individuals with a broad set of qualities and competencies are sought. The Nominations Committee ensures that candidates are considered having regard to the NHBC Recruitment Policy, including Company policy to ensure fairness and equality of opportunity and to encourage increased diversity. Candidates are considered on merit and against appropriate criteria, and from a wide range of backgrounds.

a woman with short blond hair in a blue and green shirt smiling at the camera Non-executive Director of the Board

Elizabeth Austerberry

Elizabeth Austerberry joined the NHBC Board in August 2022 as an Independent Non-Executive Director. Elizabeth was most recently the CEO at Moat Homes. During her time at Moat, Elizabeth was also a Non-Executive Director at the National Housing Federation and chaired its Audit and Risk Management Committee. Prior to joining Moat, Elizabeth held Director roles at Ernst & Young, Savills and DTZ (now Cushman’s) specialising in the finance of residential real estate. Elizabeth is also Chair of the affordable housing provider which forms part of the Octopus Group and has over 25 years of banking experience, with a focus on real estate, mortgage lending and credit analysis.

Paul Bishop, Senior Independent Director of the Board of NHBC, smiles at the camera on a grey background Senior Independent Director of the Board

Paul Bishop

Paul Bishop joined the NHBC Board in November 2016 and was appointed Senior Independent Director in January 2018. He has over 30 years’ experience in the financial services industry and insurance sector, primarily as a Partner at KPMG where he was the European lead for Insurance Consulting. Paul retired from KPMG in 2014. Paul is also a Non-Executive Director and Chair of the Audit Committee at Just Group, and Zurich Assurance Ltd.

Alison Burns, Independent Non-Executive Director of NHBC, smiling at the camera on a grey background Non-executive Director of the Board

Alison Burns

Alison Burns joined the NHBC Board in October 2019 as an Independent Non-Executive Director. She has held various executive and non-executive roles within Aviva plc, including the position of CEO of Aviva Ireland. Additionally, Alison has extensive financial services experience, gained in senior roles with Santander, Bupa, Lloyds TSB and AXA UK. Previously, she was a Non-Executive Director of Hastings Group Holdings plc, Equiniti Group plc and is currently a Non-Executive Director and member of the Risk, Nomination and Remuneration Committees. with Bank of Ireland (UK) plc, and a Non-Executive Director and Chair of the Remuneration and Nominations Committee at Railpen.

Tesula Mohindra, Non-executive Director of the Board of NHBC, smiling at the camera on a grey background Non-executive Director of the Board

Tesula Mohindra

Tesula Mohindra joined the NHBC Board in July 2021 as an Independent Non-Executive Director. Tesula is a qualified Chartered Accountant with over 25 years’ experience in the financial sector. She had a broad career encompassing investment banking as well as the establishment of start-up businesses. Tesula was previously a Managing Director at JP Morgan and UBS, specialising in corporate finance for financial institutions and pension funds. She was also a founding member of the management team of Paternoster, the specialist bulk annuity insurer. Since then, she has worked as an independent corporate finance consultant. Tesula is also a Non-Executive Director of the RAC Group and on the board of Close Brothers Group Plc and a Trustee of Variety, the Children’s Charity.

Philip Rycroft, Non-executive Director of the Board of NHBC, smiles at the camera on a grey background Non-executive Director of the Board

Philip Rycroft

Philip Rycroft joined the NHBC Board in October 2019. Prior to that, he worked in the Department for Exiting the European Union between March 2017 and March 2019, from October 2017 as Permanent Secretary. From June 2015 to March 2019, Philip was Head of UK Governance Group in the Cabinet Office, with responsibility for advising ministers on all aspects of the constitution and devolution. From May 2012 to May 2015, he was the Director General in the Office of the Deputy Prime Minister. Throughout his career, he worked in a variety of roles in the civil service in Scotland and England, in the European Commission and in business. Philip is Chair of the Portman Group, sits on the Council of York University and is an Independent Non-Executive for PWC UK, he is also a Non-Executive Director of UK Accreditation Service. Philip chairs our Scottish Committee.

Stephen Stone, Non-executive Director of the Board, smiling at the camera on a grey background Non-executive Director of the Board

Stephen Stone

Stephen Stone joined the NHBC Board in November 2016, bringing vast experience in the house-building industry across a range of models and tenures. He is a member of our Remuneration Committee. He is currently Non-Executive Director of the Home Builders Federation, Miller Homes and Orbit Group, where he also chairs Orbit Homes. Stephen was the CEO of Crest Nicholson plc from 2005, becoming Chair in March 2018 until his departure in October 2019. He is a Chartered Architect with over 40 years’ experience in various positions in the construction and house-building industry and has more recently been an adviser to the Building Better Building Beautiful Commission, serving on several government committees debating build quality in the house-building sector. Stephen chairs our Construction Quality Expert Panel.

Dr Teresa Robson-Capps, Non-executive Director of the Board of NHBC, smiling at the camera on a grey background Non-executive Director of the Board

Dr Teresa Robson-Capps

Dr Teresa Robson-Capps joined the NHBC Board in July 2021 as an Independent Non-Executive Director. Teresa brings with her a wealth of experience in executive and non-executive roles across the financial services, retail, technology and mobile industries, including a senior executive role at HSBC UK. She is currently Non-Executive Director of Fidelity U.K. Holdings, Liverpool Victoria General Insurance Group Limited, Liverpool Victoria Insurance Company Limited, Allianz Holdings JaJa Finance Ltd and is an independent Non-Executive Director and Chair of the Audit Committee at Avida Finance. Teresa is a Fellow of CIMA and holds a doctorate in Management Accounting & Control.

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