Corporate governance and structure

The Board of Yorkshire Water Services Ltd (Yorkshire Water or the Company) is accountable and responsible for the control of the business, its strategy and its decisions.

Baitings Reservoir

The primary focus for the Board is to lead the development and delivery of a sustainable strategy which best meets the needs of our customers, whilst aligning the requirements of all stakeholders including the environment, society and investors.

Anthony Rabin, Independent Non-Executive Chairman

Anthony joined the board as an Independent Non-Executive Director in August 2013 and became our Non-Executive Chairman on 9 September 2016.

Anthony was with Balfour Beatty plc, the international infrastructure group, for 17 years until June 2012, including six years as the Chief Financial Officer and four years as Deputy Chief Executive. He has also held several previous executive roles within Coopers & Lybrand (Partner, Structured Finance Group) and Morgan Grenfell & Co (Senior Assistant Director). Anthony is a Fellow of the Institute of Chartered Accountants in England and Wales, an English barrister and an Honorary Research Fellow at the University of Hull.

Anthony is the Non-Executive Chairman of Kelda Holdings Limited and a trustee of Norwood Ravenswood.

Committee Membership: Nomination (Chair), Remuneration, Social Value, Safety, Health and Environment

Liz Barber, Chief Executive

Liz joined the board as Chief Financial Officer in November 2010, stepping up to become the Chief Executive in September 2019.

Liz joined the company from Ernst & Young LLP where she held several senior partner roles, including leading the firm’s national water team and the assurance practice across the North Region. Liz had been with Ernst & Young since 1987 and in that time worked with some of the largest companies in the UK. Liz specialised in delivery of services to the water industry, including several water companies and UK regulators. Liz is a fellow of the Institute of Chartered Accountants in England and Wales.

Liz is the Chief Executive Officer for Kelda Holdings Limited. Liz is also a lay member and trustee of the University of Leeds.

Committee membership: Nomination, Social Value, Safety, Health and Environment

Chris Johns, Chief Financial Officer

Chris was appointed as Chief Financial Officer on 1 June 2020. Prior to his appointment he was the Finance Director for Northumbrian Water for seven years. Before entering the water sector, Chris was the Finance Director for Northern Gas Networks for eight years and before that Chris held a number of senior financial management positions in the financial services sector, in both Yorkshire and London, including the Head of Finance and Accounting within the UK lending operations of Provident Financial plc and a senior management role in the Financial Reporting and Control Group of Morgan Stanley. Chris is a Chartered Accountant.

Nevil Muncaster, Chief Strategy and Regulation Officer

Nevil joined the board as Director of Asset Delivery in May 2013, becoming the director of Asset Management in 2014 and then the Chief Strategy & Regulation Officer in 2019.

Nevil is a Fellow of the Chartered Institution of Water and Environmental Management and joined the company from Veolia Water where he worked for 19 years and held the roles of Managing Director of Veolia Water South East (formerly Folkstone and Dover Water) and Managing Director of Veolia Water East (formerly Tendring Hundred Water).

Nevil is also chair of Keyland Developments Limited, a board member of the Living with Water Partnership in Hull and a member of the Green Economy Panel of West Yorkshire Combined Authority.

Committee Membership: Safety, Health and Environment

Raymond O'Toole, Senior Independent Non-Executive Director

Ray joined the board as an Independent Non-Executive Director in June 2014, becoming the Senior Independent Director on 1 July 2017.

Ray has spent much of his career in the transport sector, including as group chief operating officer and UK chief executive for National Express plc for ten years until 2010. This included responsibility for a fleet of 20,000 buses and coaches, nine rail franchises and 40,000 staff, with operations in Spain, the USA, Canada and the UK. He started his non-executive career whilst at National Express as a member of the board of the British Transport Police Authority.

From 2011 Ray served as a non-executive director and member of the safety committee of the Office of Rail and Road until he was appointed as chief executive of Essential Fleet Services Limited from July 2015 until February 2017. Ray has a background in mechanical engineering in addition to skills in safety and strategy.

Ray is the Chairman of Stagecoach Group plc.

Committee Membership: Audit, Remuneration, Nomination, Safety, Health and Environment (Chair)

Andrew Wyllie CBE, Independent Non-Executive Director

Andrew joined the board as an independent non-executive director in September 2017.

Andrew was chief executive of Costain Group PLC for 14 years up until May 2019. He was also a non-executive director of Scottish Water from April 2009 to April 2017. Andrew has an MBA from the London Business School, he is a Chartered Engineer, a fellow of the Royal Academy of Engineering and was President of the Institution of Civil Engineers in 2019. He is also a companion of the Chartered Management Institute.

Prior to joining Costain Group PLC, Andrew worked for Taylor Woodrow where he was the managing director of the construction business and a member of the group executive committee.

Andrew was awarded a CBE for services to engineering and construction in the 2015 New Year’s Honours list.

Andrew is President of the Institution of Civil Engineers and is a Non-Executive Director of BMT Group Ltd.

Committee Membership: Audit; Remuneration; Nomination; Safety, Health and Environment (chair)

Dame Julia Unwin, Independent Non-Executive Director

Julia was appointed to the board as an Independent Non-Executive Director in January 2017.

Julia brings to the board a wealth of experience from the voluntary and public sectors as well as extensive experience of regulatory environments. She served as Chief Executive of the Joseph Rowntree Foundation and the Joseph Rowntree Housing Trust from 2007 until the end of 2016 and was a Council member of the University of York until December 2018. She has also previously served at a very senior level at the Housing Corporation, the Charity Commission and she has chaired the Food Standards Agency.

Through her engagement with consumers, regulation and public policy, Julia brings a deep understanding of the interests of customers and individual communities to the board as well as a specific knowledge of the demographics of the Yorkshire region and of poverty, vulnerability and disadvantage.

In May 2019 Julia received a Lifetime Achievement Award from the Chartered Management Institute and Julia was made a Dame in the 2020 New Year’s Honours list for her work as a social justice campaigner.

Julia is currently the Chair of the Independent Inquiry into the Future of Civil Society, which reported in November 2018. She is a non-executive director of Mears Group Plc and of the Financial Reporting Council. Julia is also a member of the First Minister (Scotland) Council of Economic Advisers and the First Minister (Scotland) Advisory Group on Economic Recovery Post Covid-19.

Committee Membership: Nomination, Remuneration, Social Value (Chair), Safety, Health and Environment

Andrew Merrick, Independent Non-Executive Director

Andrew joined the board as an Independent Non-Executive Director in June 2019.

Andrew brings considerable financial experience and expertise to the board, as well as strong connections with the Yorkshire region. Prior to joining the board, Andrew was the Chief Financial Officer of Irwin Mitchell solicitors, having previously worked as Group Finance Director for Dart Group plc and as Director of Finance for Bradford & Bingley plc. Andrew has also sat on the Board of ‘Incommunities’, a Bradford-based social housing provider, where he chaired the audit committee.

Andrew is a Non-Executive Director of Market Harborough Building Society and a member of the Nell Bank Charitable Trust.

Committee Membership: Audit (chair), Nomination, Social Value, Safety, Health and Environment

Scott Auty, Non-Executive Director

Scott joined the board as a Non-Executive Director in September 2017.

Scott is a Managing Director of DWS’s infrastructure business, Europe, based in London and is responsible for the origination and execution of infrastructure investment opportunities as well as the ongoing management of the acquired assets. He is a member of the investment committee for the two European infrastructure funds managed by DWS. Prior to joining DWS’s infrastructure business in 2005, Scott started his career at N M Rothschild & Sons’ investment banking division where he was a specialist in the Utilities and Natural Resources sectors.

Scott is also a Non-Executive Director of Kelda Holdings Limited and a supervisory board member of Attero Holdings BV and Dutch Colo A.B.V.

Committee Membership: Nomination , Remuneration, Safety, Health and Environment

Andrew Dench, Non-Executive Director

Andrew joined the board as a Non-Executive Director in September 2017.

Andrew is a Senior Vice President in GIC’s Infrastructure team, based in London. He is responsible for the ongoing management of GIC’s global infrastructure portfolio. Prior to joining GIC, Andrew was Deputy CEO / CFO of Veolia Water, UK, Ireland & Northern Europe, CFO of Electricity North West and Head of Corporate Finance & Change at London Stock Exchange Group. While at Veolia, he was a Non-Executive Director of Affinity Water (formerly Veolia Water). Andrew started his career in the investment banking division of Morgan & Stanley where he was focused on project finance, M&A, utilities and the natural resources sector.

Andrew is a Non-Executive Director of Kelda Holdings Limited. He is also a Non-Executive Director on a number of boards, including Teréga (Gas Transportation and Storage, France), Duquesne Light and Power (Electricity Transportation and Distribution, US) and Greenko (Renewal Generation, India).

Committee Membership: Nomination, Remuneration, Audit

Mike Osborne, Non-Executive Director

Mike joined the board as a Non-Executive Director in September 2017.

Mike is a Principal at Corsair Infrastructure Partners, a business unit of Corsair Capital. Mike has 17 years of experience in infrastructure finance at Ernst & Young, Citi and Corsair.

Mike is also a Director of Itínere Infraestructuras, S.A., a toll road operator in Spain.

Committee membership: Audit, Nomination, Social Value, Safety, Health and Environment

Corporate governance and structure documents