For immediate release 3 August 2020
Following Ofwat’s approval of the code change (CPM026) allowing for the MOSL Board and Panel Chair to be two people, MOSL has today announced Anne Heal, current Independent Non-Executive Director of the MOSL Board, as its new Chair.
A dedicated Panel Nominations Committee, led by independent Panel member, Elsa Wye, has also today announced its appointment of Trisha McAuley OBE as its new Chair.
The two milestone appointments not only mark a first for a new means of governance for MOSL – making a distinction between the two formally combined roles, but they also follow a number of recent appointments that put women in utilities in top leadership roles. McAuley and Heal join Sarah McMath, who was appointed MOSL CEO in June last year, in the next phase of the market, having opened just over three years ago, and as MOSL launches its new purpose, vision and strategy for its next three years, 2021-24.
Anne Heal had an active role in the development of MOSL’s strategy, as part of a Board sub-group and has been a director of the Board since January 2020. Jim Keohane, who is stepping down as MOSL Chair at the end of his tenure in August, and who has led the company through a number of significant changes during his three-year term, said of Heal’s appointment: “I am delighted to welcome Anne as the new Chair of the MOSL Board. Her experience and contribution in the short time she has been with us has been invaluable. Not only will her experience of being a director of the MOSL Board put her in good stead, but her extensive expertise in leading strategic change will be of great value at this critical time for the market.”
Anne Heal will formally take up her appointment on 1 September 2020.
In welcoming McAuley as its new Panel Chair, Elsa Wye, who headed up the Panel Nominations Committee said: “I am delighted that the Panel has endorsed the appointment of Trisha McAuley as the new Panel Chair. Trisha brings a wealth of experience from the energy and transport sectors and has a strong background in consumer advocacy. We are looking forward to welcoming Trisha, who will be an invaluable asset as the Panel moves forward with its first fully independent Chair.”
Trisha is an experienced Chair and Non-Executive Director, with experience in the public, private and voluntary sectors. For over twenty years she was a senior executive in UK and Scottish consumer organisations. She is widely recognised as a national consumer expert and was awarded an OBE for services to consumer affairs in 2015. Since then, Trisha has developed a successful non-executive and board portfolio, with a particular focus on regulated industries.
Trisha McAuley OBE will formally take up her appointment on 1 September 2020.
In making the appointments and as MOSL continues to work closely with the industry Panel to deliver against its 2021-24 strategy, MOSL CEO, Sarah McMath, said: “This change is one of a number of changes we are looking to make to strengthen and modernise our governance at this critical time for the market. We have learnt a great deal over the last three years and it’s important that we, as the market operator, as well as the market itself, continue to evolve for the benefit of customers. I am delighted to have such strong Chairs in place to help lead us in the next stage of this journey, as we begin to deliver our ambitious plans for the next three years.”
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Notes to editors:
- Trisha McAuley OBE current roles include; Independent Chair of the Connections and Use of Systems Panel and Grid Code Review Panel, both of which are electricity network market governance codes; Independent Chair of the RIIO2 User Groups for National Grid Electricity Transmission and National Gas Transmission; Member of the Institute of Chartered Accountants Scotland Discipline Board; Member of Ofgem’s Gas Network Innovation Competition Expert Panel; Member of the Office of the Rail and Road Regulator Consumer Expert Panel; and Member of the Civil Aviation Authority Consumer Panel. Trisha is also a Board Director of Energy Action Scotland and a Member of the Scottish Government’s Energy Networks Strategic Leadership Group. Trisha’s past board roles include Northern Ireland Water and the Scottish Environment Protection Agency.
- Anne Heal’s current roles include a board member of the Office of Rail and Road (ORR), where she chairs its customer panel; a lay member of the General Dental Council; an independent member of the Bank of England Enforcement Decision Making Committee and a panel member for the FCA’s Regulatory Decision Making Committee. Anne is also a member of the board at ELEXON and Chair of Volunteering Matters, and the National Council for Voluntary Organisations. She was previously Chair of the Thames Water Customer Challenge Group (CCG) since 2015, which she stepped down from in March this year and is a trustee of a number of other organisations.
- Change proposal CPM026: ‘Panel Chair and Alternates’ sets out the proposed separation of the Panel and Board Chair roles. This change was recommended to Ofwat by the Panel following its meeting on 30 June 2020. It was also approved by trading party members at MOSL’s Annual General Meeting on 16 July. Ofwat approved the change on 29 July 2020 with an implementation date of 28 August. The final decision document is available on the Ofwat website.
- On Monday 27 July MOSL launched its new purpose, vision and strategy for 2021-24 outlining its strategic priorities for the next three years.