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The new appointment has held senior executive finance and operational positions in global technology companies and financial services. An announcement of another non-executive director with a digital transformation background is expected to be made “in due course”.
5 years ago
The appointment of Alok Sharma as energy secretary was an unexpected move in the latest cabinet reshuffle. David Blackman asks industry observers what Sharma can bring to the role as well as assessing the significance of Kwasi Kwarteng staying on as energy minister. He also discusses what impact the departure of Simon Clarke from the Treasury may have on the net zero process.
Alok Sharma has been appointed as the new secretary of state for business, energy and industrial strategy, replacing Andrea Leadsom who has been sacked from the cabinet. He will also serve as minister for COP26, taking on all the responsibilities of president of the UN climate change conference. George Eustice replaces Theresa Villiers as environment secretary.
Centrica chairman Charles Berry is taking a leave of absence due to an “unanticipated medical condition". The interim chairman is expected to be in place for the next few weeks.
Yorkshire Water's rejection of Ofwat's final determination on its 2020-2025 business plan, triggering a referral to the CMA, has lit the touch paper on what was already an explosive situation. But will the fire spread? Ruth Williams investigates whether the company's concerns represent a wider rebellion across the sector.
British Gas owner Centrica is expected to report a dip in profits after being hit by the price cap when it posts its preliminary results on Thursday. Meanwhile there are reports that Sarwjit Sambhi, head of its consumer business, is the front-runner in the contest to take over from Iain Conn as chief executive.
A week after United Utilities accepted its final determination, it has announced the departure of its chief financial officer. Meanwhile, Moodys has set out its predictions for the company including lower penalties and the impact of transitioning to CPIH-linked assets value
Basil Scarsella has confirmed he will not be seeking the role of chief executive at Thames Water, for personal reasons. However, he told Utility Week he remains fully committed to his current role heading up UK Power Networks.
The ex-business and energy secretary of state has taken on a new parliamentary role
Emma Pinchbeck will begin on a part-time basis in July before taking up the role on a full-time basis in September. She has been deputy chief executive of Renewable UK since 2016.
Ovo has appointed a new chief operating officer, chief finance officer and chief people officer for its retail business. The company made the appointments following the completion of the £500 million deal to acquire SSE's retail arm.
EA's deputy director of water resources has been named as the managing director of the inter-regulatory group RAPID that will work to overcome current barriers to major infrastructure projects in the English water sector.
In his new role, the outgoing governor of the Bank of England, will be tasked with helping the government “mobilise ambitious action” from investors and businesses ahead of the climate change summit, being held in Glasgow in November.
Leading academics together with figures from industry, the environmental movement and thinktanks have been named as advisors for the upcoming citizen’s assembly on climate change.