WORKFORCE: A troubled foundation trust has delayed appointing a chief executive after Monitor launched an investigation into its finances.

Heart of England Foundation Trust has not had a substantive chief executive since November 2014, when Mark Newbold departed after Monitor placed conditions on the trust’s license due to poor performance.

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The trust had been expected to announce a new permanent chief executive this month

The trust is known to have a range of governance and cultural issues, but Monitor’s intervention this week was the first to single out financial problems for scrutiny.

Andrew Foster, chief executive of Wrightington Wigan and Leigh Foundation Trust, has been serving as interim chief at Heart of England since February.

Initially his tenure was not intended to last longer than six months.

HEFT has now confirmed he will leave at the end of October.

The trust had originally been expected to announce a new permanent chief executive appointment this month. Candidates are understood to have been interviewed in recent weeks. However, this has now been delayed.

A trust spokesman said: “As a consequence of the announcement made by Monitor, Heart of England Foundation Trust’s board feels the timing is not right to appoint a new substantive chief executive, and has therefore deferred the recruitment process.
 
“We will advise of the interim arrangements when these have been agreed by the board.”