DEPARTMENT FOR
BUSINESS, ENTERPRISE AND REGULATORY REFORM News Release (2008/29)
issued by The Government News Network on 4 February 2008
Energy Minister
Malcolm Wicks today announced key appointments to the Gas and
Electricity Markets Authority.
Sir John Mogg has been appointed to serve a second five year term
as non executive Chairman from October 2008. Andrew Wright, Ofgem
managing director of Markets, joins the Authority as an executive
member and Judith Hanratty has been reappointed as a non-executive.
Malcolm Wicks said:
"I am pleased that Sir John has agreed to continue as Chair
of the Authority. There are a number of important challenges
facing energy policy in the next few years, such as the need to
ensure security of supply, tackle fuel poverty and address
sustainability. Ofgem is a crucial player in meeting our energy
goals and I am confident that under Sir John's leadership,
they will maximise their contribution to achieving these goals.
Sir John has already played a key role in pursuing liberalisation
of EU energy markets and this work will continue.
"Other excellent candidates have also accepted positions on
the Gas and Electricity Markets Authority. They bring with them a
broad range of experience and skills which will add significant
value to the Authority as it addresses the challenges faced by our
energy markets."
Sir John Mogg was first appointed non-executive Chair of Ofgem on
1 October 2003. He will now serve for a further five years.
The Gas and Electricity Markets Authority governs the direction
and policies of the gas and electricity watchdog Ofgem.
Non-Executive members bring a range of experience and expertise
from industry and social policy to the environment, finance and
Europe. Ofgem's Chief Executive and Managing Directors are
Executive members of the Authority.
Notes for Editors
1. Member appointments commenced on 1
January 2008.
2. Sir John Mogg has been appointed to serve a second five year
term as non executive Chairman of the Gas and Electricity Markets
Authority from 1 October 2008. This is a part time position.
3. Sir John was previously Director General, Internal Market and
Financial Services and Deputy Director General, Industry at the
European Commission and held posts in the UK as Deputy Head,
European Secretariat, at the Cabinet Office and was Principal
Private Secretary to three Secretaries of State and holding other
senior posts at the Department of Trade and Industry. He was
elected Chairman of the European Regulators Group for Electricity
and Gas (ERGEG), in December 2005. He is also the President of the
Council of European Energy Regulators (CEER).
4. Judith Hanratty CVO OBE has agreed to serve a further two-year
term from 1 January 2008 as non-executive Member of Gas and
Electricity Markets Authority.
5. Dr Andrew Wright joined on Ofgem 1 January 2008 as Managing
Director, Markets and takes up executive membership of the
Authority at the same time.
6. Under the Utilities Act 2000, the Secretary of State appoints
members to the Gas and Electricity Markets Authority. Before
making these appointments he must consult the Chairman of GEMA -
currently Sir John Mogg.
7. The Office of Gas and Electricity Markets (Ofgem) operates
under the direction and governance of GEMA, which determines the
strategy and decides on major policy issues. GEMA's principal
objective is to protect the interests of consumers, wherever
appropriate by promoting effective competition.
8. Non-executive members of the Board give on average 3 days per
month to the work of the Authority and receive an honorarium of
£20,000 per annum. Executive members do not receive additional
remuneration by virtue of their membership of the Authority.
9. The Department for Business Enterprise and Regulatory Reform
helps UK business succeed in an increasingly competitive world. It
promotes business growth and a strong enterprise economy, leads
the better regulation agenda and champions free and fair markets.
It is the shareholder in a number of Government-owned assets and
it works to secure, clean and competitively priced energy supplies.
Further information on GEMA can be found on the Ofgem website: http://www.ofgem.gov.uk/.
Short Biographical Details of new and reappointed GEMA members
Sir John Mogg was appointed non-executive Chair of Ofgem from 1
October 2003. He was the Director General, Internal Market and
Financial Services at the European Commission for the previous 10
years, following a period as the Deputy Director General,
Industry, again at the Commission, from 1990 to 1993.
He was
elected Chairman of the European Regulators Group for Electricity
and Gas (ERGEG), in December 2005. He is also the President of the
Council of European Energy Regulators (CEER).He previously held
posts in the UK as Deputy Head, European Secretariat, at the
Cabinet Office and was Principal Private Secretary to three
Secretaries of State holding other senior posts at the Department
of Trade and Industry. After University he spent 8 years in the
private sector.
Judith Hanratty CVO OBE is a barrister. She was Company Secretary
of BP plc until her retirement in 2004. She was also a Member of
the Competition Commission and of the Takeover Panel; and has been
a Director of London Electricity, the British Standards Group, and
of Partnerships UK. She was a Bank of England Nominated Member of
the Council of Lloyd's of London, and Chairman of the Market
Supervision Committee for 9 years ending in August 2007.
She is currently a Director of Partner Re Limited, Charles Taylor
Consulting plc, Chairman of the Commonwealth Education Trust, an
Honorary Fellow of Lucy Cavendish College, Cambridge University,
and a Fellow of the Royal Society for the Arts, Manufactures and
Commerce.
She was awarded the OBE in 2002 for services to the
oil and gas industry and in 2005 was made an Honorary Doctor of
Laws by Victoria University of Wellington. In the 2008 New Year
Honours list she was made a Commander of the Royal Victorian Order (CVO).
Dr Andrew Wright has extensive experience in the energy markets
most recently as the lead UK analyst with UBS. He was previously
with Cazenove & Co and Merrill Lynch, prior to that he held
senior management roles in the electricity industry with Manweb.
Department for Business, Enterprise & Regulatory
Reform
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