New Chairman appointedCorporate & financial
We are pleased to announce the appointment of Anthony Rabin as Chairman of the boards of Kelda Holdings Limited, Kelda Eurobond Co Limited and Yorkshire Water Services Limited with effect from 9 September 2016. As previously announced, Mr Rabin assumed the role of acting Chairman following the decision by Professor Richard Parry-Jones to step down on 27 May 2016.
Anthony Rabin was appointed to the Board of Yorkshire Water Services Limited on 1 August 2013 and as Senior Independent Director on 25 March 2015. He has been a member of the Board of Kelda Holdings Limited since 1 September 2012 and was appointed a director of Kelda Eurobond Co Limited on 1 June 2016. Mr Rabin will continue to act as chair of the Audit Committee pending the appointment of a new non-executive director to undertake that role.
Mr Rabin has previously held roles at Balfour Beatty plc, including as executive director for 10 years, Chief Financial Officer for six years and Deputy Chief Executive for four years. He has held a number of previous executive roles with Coopers & Lybrand (Partner, Structured Finance Group), Morgan Grenfell & Co (Senior Assistant Director) and Arthur Andersen & Co (Tax Compliance and Consultancy).
Richard Flint, Chief Executive Officer, commented “I am delighted that Anthony will be taking up the role of Chairman and leading the Board towards achieving the Company’s objectives over the coming years”.