The Staffing Committee of Waltham Forest Council met to discuss the appointment of a new Director of Return on Investment.

Chief Officer Appointment: Director of Return on Investment (ROI)

A new Director of Return on Investment (ROI) was scheduled to be appointed at the meeting. This follows the previous postholder being appointed as Strategic Director of Resource in April 2023. The meeting was scheduled to interview candidates for the role.

The role of Director of ROI involves:

providing strategic policy direction and leadership, operational management and financial control for a service or strategic function(s) within the Council.

The Director of ROI will be responsible for ensuring a return on investment for:

• Business cases
• Service transformation and design
• Commissioning and procurement
• Development of commercial opportunities and operations
• Developing and maintaining Waltham Forest Council's commercial philosophy.

The successful candidate will lead Waltham Forest Council's Strategic Procurement and Social Value functions. They will be a qualified CCAB Accountant¹ or will have considerable experience as a leader in Procurement. They will also be responsible for developing the council's commercial services and the management of an investment portfolio.

The Director of ROI will manage a budget of £10 million and will be responsible for a team that includes:

• Director of Procurement
• Head of Insurance & Risk Management
• Head of Social Value and Social ROI
• Head of Commercial Innovation