Build-to-rent (BTR) developer and landlord Grainger has appointed Fiona Muldoon to the board as a non-executive director.
Fiona Muldoon will succeed Justin Read
Muldoon will also become senior independent director and chair of the Audit and Risk Committee, succeeding Justin Read, who is set to retire from the board in June after nine years.
Muldoon is a charted accountant and a fellow on the Institute of Chartered Accountants in Ireland. She also sits on the board of specialist insurance business Beazley, where she serves as Risk Committee chair, member of the Audit Committee and employee voice.
Previously, she served as chief executive of FBD Holdings and director of credit institutions and insurance supervision at the Central Bank of Ireland.
Other roles under Muldoon’s belt include 17 years with XL Group, and non-executive director at the Bank of Ireland, where she served on all committees during her tenure and was chair of the Sustainability Committee.
“I am delighted to join Grainger’s board and I look forward to taking on the roles of senior independent director and chair of the Audit and Risk Committee,” she said.
“Grainger is a brilliant business with strong future prospects to deliver value for shareholders and renters alike. I look forward to working with my fellow board members as well as the wider executive team.”
Grainger chairman Simon Fraser added: “We are very pleased to welcome Fiona Muldoon to the board as chair of our Audit and Risk Committee and senior independent director, bringing a significant amount of experience and expertise in finance and consumer-facing financial services.
“We’d like to extend our sincere thanks to Justin Read for his unwavering commitment and support to the business over his tenure on the board, over which time we have seen tremendous growth and transformation.”
Earlier this year, Grainger reported strong demand, with occupancy levels of 96%, and steady year-on-year rental growth.
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