Board Appointments to National Grid’s UK regulated Companies
National Grid Gas plc (NGG) and National Grid Electricity Transmission plc (NGET) has appointed Catherine Bell and Clive Elphick as non-executive directors of those companies with effect from 1 April 2014.
The appointment of two non-executive directors is a new requirement of each of the company’s licences. These requirements were promoted by OFGEM and are designed to enhance the financial ring-fencing conditions which already exist in the company’s licences. The licences set out the eligibility criteria for these appointments, which OFGEM has called sufficiently independent directors.
Dr Catherine Bell is currently a non-executive director of United Utilities Group plc, and she also sits of the Board of the Department of Health. Catherine has held senior positions within the civil service and has extensive experience of government policy covering business, competition and consumer policy, science and energy.
Dr Clive Elphick is an accountant with broad experience in the regulated water and energy sectors. He is a former Managing Director at United Utilities Group plc and a former Board member of the Northern Ireland Authority for Utility Regulation. Clive is also a Board member of the Environment Agency and a member of the Competition Appeal Tribunal.
Nick Winser, who Chairs NGG and NGET said “Catherine and Clive bring valuable experience and an independent perspective to our regulated businesses, and I look forward to them joining our Boards.”
NGG and NGET are subsidiaries of National Grid plc. NGG owns and operates regulated gas transmission and distribution networks in the UK and provides gas metering services. NGET owns and operates regulated electricity transmission networks in the UK.
Both companies play a vital role in connecting customers safely, reliably and efficiently to the energy they use.