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Former Balfour chief to become Barratt Redrow CEO

Former Balfour chief to become Barratt Redrow CEO

Barratt Redrow has appointed Dean Banks as its next Group Chief Executive.

He will join the Group in the final quarter of 2026 and succeed David Thomas who has decided to retire from the business after 11 years as Group Chief Executive and 17 years with the group.

Banks will join from Australian infrastructure specialist Ventia where he has served as Group Chief Executive since 2021.

Prior to that Banks was CEO for UK Construction Services at Balfour Beatty.

Banks said: “I am proud and privileged to be joining Barratt Redrow as Chief Executive. Barratt Redrow is an exceptional UK homebuilder, leading the industry in quality, service and sustainability, with a strong platform for the future underpinned by a clear strategy and outstanding people.

“I look forward to working with the Board and the wider team to build on this strong foundation and deliver long term value for customers, shareholders and communities.”

Caroline Silver, Group Chair, added: “The Board is delighted to appoint Dean Banks as Chief Executive of Barratt Redrow. He brings strong experience as a public company Chief Executive, with deep knowledge of the construction and infrastructure sectors and a proven track record of value creation.

“We are confident that Dean’s focus on disciplined execution, operational excellence and strong relationships with customers and stakeholders will help Barratt Redrow build on its strengths over the long term.

“I would also like to thank David Thomas for his outstanding leadership and dedication to Barratt Redrow over many years. He will leave behind an industry-leading business with a clear strategy, a strong balance sheet and an exceptional team. On behalf of the Board, I want to express our sincere appreciation for his stewardship and significant contribution, and to wish David a very happy and well-earned retirement.”

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