Welsh Water (Dwr Cymru) faces a significant leadership change as Alastair Lyons, the esteemed chairman, announces his retirement by the year’s end.
Renowned for steering the company through various challenges, Lyons will be succeeded by Jane Hanson, a current board member with vast experience.
Alastair Lyons has been a pivotal figure at Welsh Water since his appointment as chair in 2016. Under his leadership, the organisation has navigated some of its most challenging periods, focusing on providing high-quality drinking water and environmental services. The announcement of his retirement brings to the forefront Jane Hanson, who promises to continue this commitment with a keen focus on future growth and sustainability.
Hanson brings a wealth of knowledge and experience as a non-executive director at HM Treasury and other notable institutions. Her expertise will be crucial in maintaining the company’s dedication to its customers and communities.
Lyons expressed gratitude towards his colleagues, praising their support and dedication. He recognised the not-for-shareholder model as a unique advantage for Welsh Water.
At a time when the company has raised £600 million in a bond issue, Hanson aims to effectively utilise these funds to support future investments. Her vision includes enhancing the well-being of customers and communities served by Welsh Water.
Chief Executive Pete Perry noted that Lyons’ tenure was instrumental in navigating Welsh Water through daunting challenges and laid a solid foundation for upcoming investments. Perry looks forward to collaborating with Hanson.
Her extensive experience across different sectors is anticipated to bring valuable perspectives to the leadership, helping drive the strategic objectives of Welsh Water.
Both Lyons and Hanson have their sights set on ensuring that Welsh Water continues to thrive, supporting communities and meeting their needs effectively.
The leadership change at Welsh Water heralds a pivotal moment, one that blends continuity and fresh perspectives.
With Lyons’ legacy and Hanson’s vision, the company is poised for continued success.