The move signals Lord Fink’s determination to help drive the developer forward with co-founder Joseph Daniels. Lord Fink’s son Alex will join the company’s board as an adviser.
Modular house builder Project Etopia's main investor, and former Conservative Party Treasurer Lord Stanley Fink (pictured) has joined the firm’s board as its chairman.
The move signals Lord Fink’s determination to help drive the developer forward with co-founder Joseph Daniels. Lord Fink’s son Alex will join the company’s board as an adviser.
Fink said: “This is an important moment for the company and it won’t be long before Project Etopia is moving the first Etopia families into its homes in Corby.
“I remain utterly convinced that off-site construction will prove to be a major part of the solution to the housing shortage in Britain. Etopia’s challenge will be to keep pace with demand and forge a path as a world leader in modern construction methods.
“By taking up the position of chairman I’m going to do everything in my power to ensure this team and this company fulfils its unique potential.”
Joseph Daniels, chief executive of 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.
“The company has grown so rapidly that its internal operations are already far more complex than they were a year ago. Stanley’s experience of building and growing companies is going to prove invaluable to us as an executive team.”
