Residential Secure Hires Metro Dynamics Founder As Non-Exec Director

LONDON (Alliance News) - Residential Secure Income PLC on Friday said it appointed Mike Emmerich, ...

Alliance News 14 September, 2018 | 2:54PM
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LONDON (Alliance News) - Residential Secure Income PLC on Friday said it appointed Mike Emmerich, the founding director of Metro Dynamics Ltd, to its board.

Emmerich joined the social housing investor's board with immediate effect as a non-executive director.

Prior to founding Metro Dynamics, a city authority consultancy, Emmerich was chief executive of New Economy Manchester and policy adviser to HM Treasury.

"Mike joins Residential Secure at an exciting time for the company as we have now invested GBP215 million of capital on assembling a high quality portfolio which comprises 2,414 residential units, delivering value and income return for our shareholders," said Residential Secure Non-Executive Chairman Rob Whiteman.

Shares in Residential Secure were flat at 94.80 pence each on Friday.

By Anna Farley; annafarley@alliancenews.com

Copyright 2018 Alliance News Limited. All Rights Reserved.

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Securities Mentioned in Article
Security Name Price Change (%) Morningstar
Rating
Residential Secure Income 93.00 GBX -0.64 -
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