Deposits service reveals new chief as it vows to ‘improve PRS’
Fay Selvan, who has a background in social enterprises, is to take over as chair of TDS from Martin Partington, who steps down after 14 years in the role.
The Tenancy Deposit Scheme (TDS) has appointed a new chair to take over from long-serving Martin Partington after 14 years at the helm.
Fay Selvan (main picture), who is CEO of a large social enterprise, has served on the boards of a housing group and an NHS trust.
She was previously Chair of Jigsaw Housing Group, Trafford Healthcare NHS Trust, and the International Network of Street Newspapers.
Selvan is also the CEO of the Big Life Group, a successful social enterprise with a turnover of £30m and over 750 employees.
Crucial time
Selvan’s appointment comes at a crucial time, TDS says, as it continues with its purpose to raise standards in the PRS.
Her experience with the Greater Manchester Fair Housing Futures Board has demonstrated the positive impact of collaboration between agents, landlords, tenants, and local authorities in improving standards in the PRS, TDS says.
Steve Harriott, TDS Group CEO, says: “Fay’s extensive experience and proven leadership skills make her the ideal candidate to lead TDS into the future.
“She is well placed to advance TDS’ purpose. We are confident that under her guidance, TDS will further enhance its position as a key player in the PRS.”
Selvan says: “I am delighted to be joining TDS at such an important time, and I look forward to building on the legacy of Martin Partington and developing an even stronger TDS to help improve the PRS across the UK.”
New agreement
TDS customers who sign up to The Depositary will receive a 10% discount on time-saving end-of-tenancy software, thanks to a new agreement announced last week.
TDS was formed more than 20 years ago jointly by Propertymark and RICS as one of the three government-approved tenancy deposit protection schemes used by agents and landlords.
