Residential Secure Income appoints former Hyde Group CEO as non-executive director

The Board of Residential Secure Income has appointed Elaine Bailey as an independent Non-Executive Director of the Company, with immediate effect.

Mike Emmerich, meanwhile, has informed the Board of his decision to step down from his position as Non-Executive Director with immediate effect.

Bailey is the former Chief Executive of Hyde Group, the G15 Housing Association with over 50,000 properties providing housing to 100,000 residents, a position she held for five years until 2019. During this time she oversaw the establishment of a five year development pipeline of 11,000 homes and the launch of several innovative partnerships with housebuilders, contractors, Local Authorities and other Housing Associations. She is actively involved in the government’s Building Safety Programme, including as a member of the Industry Safety Standards Working Group.
Before joining Hyde Group, Bailey held several senior prison-related roles at FTSE 250 outsourcer Serco.
Robert Whiteman, Chairman of Residential Secure Income, says: “It is a pleasure to be welcoming Elaine to the Board of ReSI. Her achievements at Hyde Group speak for themselves, demonstrating an intimate understanding of the UK social housing landscape and associated challenges, alongside the ability to deliver meaningful change.
“We would also like to express our sincere thanks to Mike for his contribution to the Board and we wish him well in the future.”