Croydon to oust directors from Brick By Brick board

By Joey Gardiner2020-11-25T06:00:00

Experienced council FDs brought in as PwC review finds lack of financial oversight at authority’s development arm

Croydon council is set to remove the chief executive and chair of its wholly-owned housing company, Brick By Brick from the board of the firm in response to a highly critical independent review of the business.

The council is set to appoint two experienced local authority finance directors in their place to oversee the review of the business, after a council-commissioned PwC review of the firm found it required “substantially improved financial oversight”, with no qualified financial director on the board.

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