Legal & General reveals new modular housing CEO

Legal & General (L&G) has announced the appointment of a new CEO for its modular housing business.

Rosie Toogood (pictured above) will be joining L&G from Rolls Royce in mid-June, after serving as business development director for Rolls Royce’s civil aerospace business following a spell as executive vice president of the compressors organisation.

She also served as a non-executive board member of Derwent Housing Association for eight years.

“Rosie joins from a world-leading, quality engineering organisation, where she managed complex commercial relationships and delivered large-scale, customer-focused product,” said Paul Stanworth, CEO of L&G Capital.

“She is a strong hire and will provide important leadership for our modular housing business as it reaches the crucial delivery stage.”

When at full capacity, L&G’s new 550,000 sq ft modular housing factory in North Yorkshire expects to produce up to 3,500 modular homes per year.

The business is due to employ over 400 local people, representing what is claimed to be the largest modular housing construction factory in Europe.

Nigel Wilson, CEO of L&G, said Rosie had joined at a time when the construction sector was due to undergo radical innovation to improve on Victorian building techniques.

“Just as the car industry was automated, so the UK’s traditional house building sector now needs to step up,” Nigel added.

“We need to build houses faster and more efficiently than ever before.

“Rosie has a mandate to deliver this.”

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