Governance

The framework

Aster Group is a not-for-dividend developer and landlord which is regulated by the Homes and Communities Agency.

Our governance framework is structured on the UK Corporate Governance Code. This is a set of good practice standards that we follow in our board leadership and effectiveness, remuneration, accountability and stakeholder relations.

Governance

Our group structure

Aster Group brings together our specialist housing businesses under one brand, ‘Aster’. The parent company of our Group is Aster Group Limited.

In 2014 we introduced an ‘overlapping’ or ‘integrated’ board structure. This means that the same people sit on the boards of a number of group companies and that these boards meet at the same time. The legal identities of these companies and the directors’ duties to each company remain separate.

This cross-membership framework allows our parent company and five key subsidiary boards to meet regularly as  “Overlap Boards” ensuring that we think and act as one organisation with a shared purpose and vision. Our special purpose companies have their own board of directors.

Governance

Our boards and committees

We annually appraise our board members and have robust selection and appointment processes to ensure our boards are fit for purpose. 

The role of our Overlap Board

Our Overlap Board is responsible for the strategic direction, vision and purpose of our organisation. It also makes sure that we are efficiently run, compliant and accountable, and also, fair and open in our relationships with our customers and the communities we impact.

  • Bjorn Howard
  • John Brace
  • Andrew Jackson
  • Phillip Owens
  • Mike Biles
  • Sally Higham
  • Andrew Kluth
  • Steve Trusler
  • Mary Watkins


TERMS OF REFERENCE

The Executive Board

Our Executive Board is the leadership team responsible for the day-to-day running of Aster Group and driving its success and corporate strategy and plan. The team is led by Bjorn Howard, our group chief executive.

  • Bjorn Howard
  • John Brace
  • Rachel Credidio
  • Amanda Williams
  • Brian Whittaker
  • Michael Reece
  • Graeme Stanley

Aster Communities Board

In addition to the member of the Overlap Boards.

  • Nigel Woollcombe-Adams
  • Richard Clewer

Our Customer Overview Group

Our Customer Overview Group which reports to the Customer and Community Network, is led by our customer volunteers who review our performance, provide constructive feedback and ensure customer involvement in the shaping of our strategies and policies.

  • Our Customer Overview Group volunteers
    • Stephen Goodwin - Dorset customer (chair)
    • Debbie Cattell - Hampshire customer (vice chair)
    • Chris Bonnett - Somerset customer
    • Tracey Aarons - Independent member
    • Alan Woodley - Wiltshire customer
    • Mike Nash - Hampshire customer
    • Pat Pritchard - Hampshire customer
    • Mark Lee - Dorset customer
    • Simon Evans - Wiltshire customer
    • Sandy Henry - Dorset customer
    • Rik Dunscombe - Devon customer

Our Customer Scrutiny Panel

The Customer Scrutiny Panel (CSP) is an independent panel of customers and sits within the overall customer involvement structure and supports the Customer and Community Network (CCN) which forms part of Asters Governance structure.  It meets the co-regulatory requirements of the Regulatory Standards for social housing in England.

The CSP provides reccommendations for change in its scrutiny reports..

Our committees

The work of the Overlap Board is delegated to and carried out by five specialised committees for Audit, Customers and Community Network, Risk and Compliance, Treasury and Remuneration and Nominations.

  • Audit Committee

    Our Audit Committee oversees our financial reporting, audit, control processes and approves the annual accounts.

    View the Terms of Reference.

    • Mike Biles
    • Phillip Owens
    • David Finch
    • Caroline Wehrle

  • Customer & Community Network

    This committee makes sure that we put our customers at the heart of our decision-making. It oversees our services and monitors our community impact.

    • Peter Kingsbury
    • Tony Brooks
    • Debbie Cattell
    • Mark Skellon
    • Chris Bain
    • Nigel Woollcombe-Adams
    • Mike Biles
    • Phillip Owens
    • Bjorn Howard
    • Rachel Credidio
    • Jean Dalziel
    • Stephanie Taylor
    • Tracey Peters
  • Remuneration & Nominations Committee

    The purpose of the combined Remuneration and Nominations Committee is to support the Board in discharging its responsibilities for the composition, succession planning and effectiveness of the Board; the remuneration strategy for non-executive directors and executive directors, and the principles and policy relating to the remuneration of all employees.

    • Steve Trusler
    • Phillip Owens
    • Sally Higham
    • Andrew Jackson
    • Tracey Peters
  • Risk & Compliance Committee

    Our Risk & Compliance Committee helps to ensure that we have an effective framework and process to identify, assess and manage risk and compliance across our business.

    View the Terms of Reference.

    • Sally Higham
    • Mary Watkins
    • Mike Biles
    • Caroline Wehrle
  • Treasury Committee

    Our Treasury Committee oversees the effectiveness of the group's treasury management.

    • Andrew Kluth
    • Andrew Jackson
    • Clive Barnett

Governance

Complying with regulations

Aster Group is a not-for-dividend developer and landlord.

We are subject to a diverse range of laws, rules and regulations relevant to our business which we must take all reasonable steps to comply with. Regulatory compliance describes the policies, systems and processes we use to achieve compliance. Operating with a framework to support our ongoing compliance and providing assurance to our decision-makers, ensures they can make informed decisions based on accurate and credible information.

Examples of Aster’s regulators are:

  • Homes & Communities Agency (HCA)
  • Care Quality Commission (CQC)
  • Information Commissioners Office (ICO)
  • Health & Safety Executive (HSE)
  • Financial Conduct Authority (FCA).

The Homes and Communities Agency (HCA), sets ‘Economic’ and ‘Consumer’ performance standards all housing associations are expected to meet.

Economic standards relate to governance, financial viability, rent-setting and value for money. Consumer or ‘customer’ standards determine the services our customers can expect to receive. These include expectations about involvement, the physical quality of their home, their tenancy arrangements and the landlord’s role in their neighbourhood.

Modern Slavery Act Transparency Statement

As an ethical developer and landlord, we recognise that we have a responsibility to take a robust approach to slavery and human trafficking. We are absolutely committed to preventing slavery and human trafficking in our corporate activities, and to ensuring that our supply chains are free from slavery and human trafficking.

INSURANCE DETAILS

Insurance Number JHA22S086-0013

Zurich Municipal
Zurich House
2 Gladiator Way
Farnborough
GU14 6GB

Governance

Our HCA rating

We are assessed by the HCA on governance and viability. Aster has received a G1/V1 which is the HCA’s highest rating in both of these categories.

  • Governance - G1: The provider meets the requirements on governance set out in the Governance and Financial Viability Standard.
  • Viability - V1: The provider meets the requirements on viability set out in the Governance and Financial Viability Standard and has the capacity to mitigate its exposures effectively.

MEDIA CENTRE

Latest news

Contact our press office and read our latest news.

Media centre