Ofwat confirms new board appointments
Three new non-executive and two executive members have joined the board of Ofwat, following their appointment by the Secretary of State for Environment, Food and Rural Affairs.
John Russell and Aileen Armstong have been appointed as executive members, after joining the regulator last summer as senior directors.
Meanwhile Mark Bayley, Alison Munro and Tim Waggott have all joined as non-executive directors.
Jonson Cox, Chair of Ofwat, said: “I’m pleased to welcome our new Board members, who will complement the strong team we already have. The breadth of experience and expertise in the non-executive appointments will provide sound advice and constructive challenge to the team.
“Mark brings experience in capital markets both as a banker and in the infrastructure sector, together a valuable perspective on customer issues from his recent role. Alison has a broad range of policy, strategic and infrastructure development skills. Her accounting officer experience will benefit our Audit and Risk Assurance Committee. As Chief Executive of the Port of Dover, Tim will bring insight into the investment of infrastructure for the benefit of customers, investors and the wider community.
“On the executive appointments, Aileen’s recent experience of working in the Treasury, coupled with earlier competition experience equip her well for the role of holding water companies to account for their performance, board leadership and governance, and their financial structures. John brings experience of infrastructure development and strategy, together with earlier regulatory experience at Oftel and recent commercial experience in Shell. He will also provide strong support to the Board as an executive member responsible for strategy.”
The appointments come as three non-executive members of Ofwat’s Board - Robin Paynter Bryant, Wendy Barnes and Chris Burchell - come to the end of their terms and will be stepping down. Keith Mason, executive member, has also reached the end of his term and will be stepping down; Mason recently accepted a new role as Senior Director, Thames Tideway, and will be taking on other regulatory roles building on his experience of leading the successful Thames Tideway Tunnel licence award project.
- Water companies urged to adopt non-asset solutions after PR19 Water companies must take the opportunity after PR19 to investigate a range of non- asset solutions to meeting the needs of... Read More >
- EU water legislation is driving up UK carbon emissions, says IMechE The Institution of Mechanical Engineers (IMechE) wants an urgent review of EU water legislation, saying the ‘unreasonable... Read More >
- Household competition risks being a ‘damp squib' warns CCWater Competition in the household water market risks being a “damp squib”, with many customers ending up disappointed after an... Read More >
- Ofwat's assessments keep water companies in check The regulator's initial assessment of water companies' business plans reveals that a tight financial settlement is on the... Read More >
- Opinion: How will the UK protect the environment after Brexit? The Draft Environment (Principles & Governance) Bill leaves several unanswered questions about the enforcement of the... Read More >
- Ofwat's PR19 assessments: How the industry reacted After Ofwat published its initial assessments of water companies' business plans for 2020-25, we look at the responses... Read More >
- Preparing for better phosphorus removal in AMP7 In order to meet the more stringent phosphorus removal requirements expected in 2020- 25, wastewater utilities will need to... Read More >
- Customers, Innovation, Sprinting and The Gruffalo A design sprint on customer service at WWT's recent Water Industry Technology Innovation Conference highlighted how the... Read More >