– UK, Reading – Thames Water Utilities Finance plc (LON: BA18) today announced the appointment of Sir Adrian Montague to its Board of Directors as Chairman effective on 10 July 2023, succeeding Ian Marchant, who is stepping down from the Board.
About Sir Adrian Montague
Sir Adrian Montague is currently Chairman of Cadent Gas Limited and Porterbrook Holdings Limited. He has been Chair of Manchester Airports Group since 2014 but is retiring from that position in September 2023 on completion of 9 years of service. He has previously had several Chairman roles including Anglian Water Group Limited, Aviva plc, British Energy plc, and 3i Group plc.
Sir Adrian is a highly experienced Cof of privately owned and listed companies. He has a solid background as a lawyer, banker, and Chair of large infrastructure businesses and investors and understands the water sector having been Chair of Anglian Water for five years between 2010 and 2015. From 2003 to, 2010 he was Chair of British Energy, leading that Company’s restructuring, recovery, and eventual sale to EdF.
Sir Adrian Montague said: “It is a privilege to join the Board of Thames Water and follow Ian as Chairman. I very much enjoyed my previous role in the water industry and am pleased to re-join the sector at a critical , time given its current challenges. I now look forward to working with the Board and Executive team and Thames Water’s regulators and investors, to focus on the Company’s turnaround plan and future financing needs to ensure it delivers on its responsibilities to serve its customers and communities well and benefit the environment.”
Source: https://www.thameswater.co.uk/
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