Lord Stanley — who has invested more than £7m into the modular housebuilder — will help the company achieve its growth ambitions.
The former Conservative party treasurer was the ex-CEO at Man Group and was also, until recently, the chairman at International Standard Asset Management (ISAM) Europe LLP.
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“I remain utterly convinced that off-site construction will prove to be a major part of the solution to the housing shortage in Britain,” said Lord Stanley.
“Etopia’s challenge will be to keep pace with demand and forge a path as a world leader in modern construction methods.”
Joseph Daniels, CEO at Project Etopia, added: “Having the financial backing of Stanley was a coup and to now have him aboard as a fully fledged executive is an opportunity no entrepreneur in their right mind would miss.”