The Chief Executive of the Homes and Communities Agency (HCA) Andy Rose is due to step down from his post, it has been announced.

It is understood Mr Rose will become Chief Executive of Global Infrastructure Investor Association (GIIA), a lobby group for equity investors in infrastructure projects.

Mr Rose joined the HCA in April 2013 and established a new investment function within the HCA, which helped unlock stalled sites and increase investment in housing and infrastructure via greater use of equity and loans.

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In addition, he built up the HCA's role as a central body within the government for the disposal of surplus public land.

Housing Minister, Brandon Lewis, said: "Andy has led the transformation of the HCA, as it has successfully created a capability to deploy investment funding to deliver new housing supply.

"The HCA has led our work to deliver over 270,000 new affordable homes over the last Parliament, and to release public sector land for over 100,000 new homes."

(LM/MH)