Managing partner of Argent, Anna Strongman, is to become the chief executive of Oxford University Development (OUD).
OUD, the £4 billion joint venture between the university and L&G, is currently run by Rachel Dickie as interim chief executive until September when Anna Strongman takes over.
Anna said: “I am delighted to take up the role of CEO of OUD. The JV is an exciting partnership with significant potential. I can’t wait to get started.”
John Cummins, managing director of future cities at Legal & General Capital, said:
“We very much look forward to welcoming Anna to the OUD team. Her diverse experience working on some of the country’s most iconic regeneration schemes will be an asset to the partnership, helping to create positive outcomes for people living, working and studying in Oxford.
“L&G’s partnership with Oxford University will play a key role in the city’s post-crisis recovery, creating new opportunities for employment, accelerating growth in key industries and providing much-needed affordable housing.
“Through L&G’s varied capital streams, we will continue to help re-build local towns and cities across the UK, recycling pension funding into schemes that are socially as well as economically useful.”
The joint venture will provide accommodation for staff, students and key workers, as well as innovation districts. Graduate accommodation at Court Place Gardens is OUD’s first project.
Image: ©Chris Gloag.
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