Following the announcement that is to stand-down from his role
as Chief Executive, the Board of Ofwat is pleased to announce
that it has appointed of Chris
Walters as the Interim Chief Executive from 30
August 2025. Mr Walters is currently Senior Director, Price
Review at Ofwat.
Recognising the decision by government to establish a new,
integrated water regulator into which Ofwat will transfer,
Ofwat's Board has made changes to Ofwat's leadership structure to
reflect the transitionary nature of its work going
forward.
Mr Walters will be tasked with providing leadership for the
organisation, as well as leading the engagement process with
government and industry, as the recommendations of the
Independent Water Commission (IWC) are taken
forward. Improving effective regulation is vital for
customers and the protection of the environment and is a critical
part of restoring trust in the sector.
In addition to the appointment of Mr Walters as Interim Chief
Executive, has been
appointed as the Executive Director, Delivery. Ms Campbell
is currently Senior Director, Sector Performance at Ofwat. In her
new role, she will take responsibility for ensuring the delivery
of the recently sanctioned £104bn five-year expenditure
programme, progressing the £50bn pipeline of major projects and
stabilising Thames Water as quickly as possible. Given the
strategic importance of this work and the need to maintain
momentum on these issues, Ms Campbell will report directly to the
Ofwat Board.
These appointments will take effect from effective 30 August
2025.