The Board of Ofgem has confirmed the appointment of Tim Jarvis as
Chief Executive following a rigorous and competitive recruitment
process. Tim Jarvis, who has served as Interim Chief Executive
since March this year, will now take up the role on a permanent
basis. This will provide continuity of leadership as Ofgem
continues its work to protect consumers, attract investment and
support the transition to a more secure, affordable and
sustainable energy system.
Mark McAllister, Chair of Ofgem, said:
"I am delighted to confirm Tim's appointment as Chief Executive
of Ofgem.
"Throughout his time as Interim Chief Executive, Tim has
demonstrated strong leadership, sound judgement and a deep
commitment to Ofgem's mission. He has led the organisation
through an important period for consumers, the energy sector and
Ofgem itself, while maintaining a clear focus on delivering for
consumers and supporting colleagues across the
organisation.
"The Board conducted a rigorous recruitment process and is
confident that Tim is the right person to lead Ofgem through its
next chapter. His appointment provides continuity, but it is also
about the future. It gives Ofgem a clear mandate to build on the
progress already made, strengthen our impact for consumers and
continue evolving to meet the demands of a rapidly changing
energy system.
"This winter and the months ahead will be important for millions
of consumers. Ofgem has a critical role to play in protecting
customers, particularly those who are struggling, while helping
ensure the energy system can deliver reliable and affordable
energy in the future. The Board is confident that Tim's
leadership will help Ofgem meet both those immediate and
longer-term responsibilities."
Tim Jarvis takes up the role permanently at a pivotal moment for
the energy sector. In the coming months, he will continue to lead
Ofgem's work to protect and support consumers through a
challenging period, with the crisis in the Middle East creating
renewed uncertainty in global energy markets. He will also ensure
the organisation is ready to meet the scale of change ahead,
including driving the investment and reform needed to deliver a
more secure, affordable and sustainable energy system, while
keeping the interests of consumers at the heart of the
transition.
Tim Jarvis said:
"It is a privilege to be appointed Chief Executive of
Ofgem.
Having led the organisation over the last seven months, I have
seen first-hand the expertise, professionalism and commitment of
colleagues across Ofgem and the vital role the organisation plays
on behalf of consumers.
"My focus will remain on delivering for consumers today while
helping build the energy system of tomorrow. We know many
households remain concerned about energy costs and the challenges
they may face this winter. Ofgem will continue working closely
with government, suppliers, consumer organisations and other
partners to protect consumers, support those most in need and
ensure the market works as effectively as possible.
"At the same time, we must help create the conditions for the
investment, innovation and growth needed to deliver a more
secure, affordable and sustainable energy system for the future.
Ofgem must evolve too, so we are equipped to meet the scale and
pace of the change ahead.
"That means staying focused on the outcomes that matter most for
consumers, acting with pace when action is needed, and working
collaboratively across the sector while maintaining the trust and
confidence of those we serve. I look forward to working with
colleagues, consumer groups, government and industry and as we
meet the challenges ahead and seize the opportunities of a
changing energy system."
Prior to becoming Interim Chief Executive, Tim Jarvis served as
Director General for Markets at Ofgem and has extensive
experience across government, regulation and public
service.
Energy Secretary said
"I welcome Tim's appointment and look forward to continuing our
work together, to create a fair and affordable energy market
with consumers at its heart."
