How NHBC is run

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

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

Alan Rubenstein joined NHBC in February 2020 in the role of Non-Executive Director and Chair of the Investment Committee. On 1 June 2020, he took over the role of Chair from Isabel Hudson. With over 30 years’ experience in pensions, insurance, asset management and investment banking, he has held a range of senior roles, including Chief Executive of the Pension Protection Fund between 2009 and 2018. Alan is also a Non-Executive Director of esure Group plc, Chairman of Pembroke Heritage Fund Ltd and a Trustee and Chair of the British Coal Staff Superannuation Scheme.

Chief Executive Officer

Steve Wood

Steve Wood joined the Board as Chief Executive Officer in June 2017. He was previously the Chief Executive Officer of Paymentshield (part of Towergate Insurance) and UK Managing Director at Ecclesiastical Insurance Group. Prior to that, he was Managing Director at FirstAssist Group and held senior positions at RSA 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.

Chief Financial Officer

Paul Hosking

Paul Hosking joined us in November 2016. He is a qualified Chartered Accountant with over 25 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, then 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 Chief Financial Officer, he helped the company establish insurance businesses in five European countries and Australia, taking on a number of wider executive management and operational responsibilities.

Commercial Director

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, Training & Analysis, 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.

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.

Senior Independent Director of the Board

Paul Bishop

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

Non-executive Director of the Board

Jean Park

A Chartered Accountant, Jean Park joined the Board in December 2012. She is Chair of NHBC’s Board Risk Committee and a member of the Audit, Investment, and Nominations Committees. Jean is a risk professional with many years’ experience in risk management, compliance and audit. Previously, she held the role of Chief Risk Officer at Phoenix Group and, prior to that, Risk Management Director at Scottish Widows Group. She was also on the executive committees of both of those organisations. Currently, Jean is a Non-Executive Director of Murray Income Trust plc and Admiral Group plc.

Non-executive Director of the Board

Stephen Stone

Stephen Stone joined the 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 Board Risk Committee and Remuneration Committee. He is currently Non-Executive Chairman of the partnership house builder Keepmoat, as well as a Non-Executive Director of the Home Builders Federation, Ilke Homes, a modular home manufacturer and Orbit Group, where he also chairs Orbit Homes. Stephen has been the Chief Executive of Crest Nicholson plc since 2005, becoming Chairman in March 2018 until his departure in October 2019.

Non-executive Director of the Board

Kate Davies

Kate Davies joined the Board in October 2016. She became Chief Executive of Notting Hill Housing in 2004 and, following the merger with Genesis Housing Association in April 2018, became Chief Executive of Notting Hill Genesis, a 65,000-home association, with over 90% of its stock in London. Kate was previously Chief Executive of Servite Houses and Director of Housing in Brighton & Hove City Council. She has experience in local government and the private and voluntary sectors, and is a Non-Executive Director of TopHat Homes, a modular housing construction company based in Derby. Kate is a member of our Board Risk Committee.

Non-executive Director of the Board

Philip Rycroft

Philip Rycroft joined the 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. Through 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 International Futures Forum, and The Portman Group, and Independent Non-Executive for PWC UK, he is also a Non-Executive Director of UK Accreditation Service. Philip is a member of NHBC Remuneration Committee and was previously a member of NHBC’s Investment Committee.

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, and is currently a Non-Executive Director with Bank of Ireland (UK) plc, Equiniti Group plc and RPMI. Alison is the Chair of NHBC’s Remuneration Committee and a member of the Audit Committee, Nominations Committee and Board Risk Committee.

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 Chartered Accountant and brings over 25 years’ experience in the financial sector. A former Managing Director at JP Morgan and UBS, Tesula specialised in corporate finance for financial institutions and pension fund risk management. She has also worked on the establishment of start-up businesses in the financial institutions sector. Tesula has been appointed as a Non-Executive Director of Close Brothers Group plc and is a Trustee of Variety, the Children’s Charity.

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 a Non-Executive Director of Fidelity U.K. Holdings and PPLPRS Ltd. Teresa is a Fellow of CIMA and holds a doctorate in Management Accounting & Control.

Find out more about how NHBC is run

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