Chair of the Board - Old Oak and Park Royal Development Corporation (OPDC)

The Old Oak and Park Royal Development Corporation (OPDC) is a Mayoral Development Corporation (MDC), established by the Mayor of London to secure the regeneration of the Old Oak Opportunity area, spanning land in three London boroughs – Ealing, Brent and Hammersmith & Fulham. Working with the local boroughs, residents, businesses, and partners, OPDC is both shaping and accelerating the full regeneration potential created by the arrival of the High Speed 2 (HS2) Old Oak Common interchange station.

An exceptional opportunity to lead London’s largest new regeneration project:

OPDC has been tasked by the Mayor of London to lead, organise and deliver this potential. Working with government, rail agencies, residents and partners to create a shared, comprehensive and long-term regeneration plan, OPDC is well underway with the assembly of the land required to bring this to fruition.

Already OPDC has seen thousands of new and affordable homes built in the area, and is investing in sustainable new infrastructure, local community initiatives, support for business and jobs, and driving forward innovative industrial intensification in Park Royal.

As OPDC moves into delivery mode, the Mayor of London is seeking a new Chair of the Board to promote and deliver the corporation’s purpose:

“The ambition is simple; to create an exemplar new part of our capital city that is safer, greener and more prosperous; a super-connected place of opportunity for those who already live, work and invest here, and for the many more who will follow in the generations to come.

“The £1.7bn public investment in the new Old Oak Common station – the largest ever constructed in the UK – and the substantial adjacent development sites, are the catalyst for lasting physical, social and environmental regeneration. The scale of change here is huge; up to 25,000 new and affordable homes, tens of thousands of new jobs, parks, leisure and community amenities, all fully integrated into a sustainable, dynamic and inclusive economy with rapid local, regional, national and international connectivity.”

Sadiq Khan, Mayor of London

About the Role

Principal accountabilities of the Chair

Provide entrepreneurial leadership of the board, ensuring the delivery of the strategic objectives of the corporation;

Provide the strategic leadership and decision-making to achieve the comprehensive regeneration of Old Oak and Park Royal Opportunity Area;

Oversight of OPDC sub-committees ensuring that they fulfil their objectives;

Ensure prudent and effective corporate governance and controls appropriate to a body responsible for the use of public funds;

Chair board meetings, and ensure the efficient conduct of corporation board meetings;

Set the corporation’s values and standards and ensure that the objectives and obligations to others are understood and met;

Offer strategic challenge and support to the executive of the organisation;

Hold the Chief Executive to account for executive actions and performance;

Assess the performance of board members on a periodic basis;

Communicate regularly with the Mayor and the Mayor’s office;

Act as a spokesperson and ambassador for the corporation, engaging key stakeholders at a senior level, and representing the Corporation in the media and at public events.

Additional Information and How to Apply

Time Commitment Required

The board meets quarterly although special meetings may be called as required. The time commitment for this appointment is expected to be approximately 2/3 days per month, plus additional time as required. This will include the potential for a couple of additional out-of-cycle meetings each year, events, speaking engagements, key stakeholder meetings, and meetings with the mayor. In addition, the Chair may be required to attend other Board sub-committees.

The current published Board meeting dates are up until June 2025.

Tenure and Remuneration

The Chair is appointed for a term of up to 4 years, at the Mayor’s discretion, and remuneration for this role is £25,000 per annum.

For more information about the role, please see the recruitment pack.

How to Apply

If this role is of interest, please submit your CV and supporting statement via the link below.

Your statement should be up to 2 pages long (no more than 900 words), answering the following questions:

Your motivation to join OPDC as chair.

Identify the core skills, capabilities and experience that you have based on the person specification.

Closing Date: Sunday 22nd September 2024 at 23:59

Location: Victoria Docks, GB

Posted Date: 9/12/2024