The Utility Regulator sees the action by Minister Conor Murphy to alter the NI Water board as evidence of a commitment to sound governance. Establishing effective corporate governance is a key role of the board and shareholder, and vital for the long-term interests of consumers.
The role of the Utility Regulator is also focused on consumers’ interests, providing clear accountability and robust challenge on value for money.
Our board has been briefed today by Laurence MacKenzie and we will continue to work with the company to protect the short and long-term interests of consumers.