PracticeAccounting FirmsOfgem CEO returns to KPMG

Ofgem CEO returns to KPMG

Alistair Buchanan, CEO of UK electricity and gas markets regulator Ofgem, returns to KPMG as hairman of its power and utilities practice

THE CEO of UK electricity and gas markets regulator Ofgem is to return as a partner to KPMG, where he previously trained as a chartered accountant.

Alistair Buchanan, who has served as Ofgem CEO for the past ten years, will join KPMG as chairman of its power and utilities practice on 1 October.

Simon Collins, UK chairman of KPMG, commented: “We are seeing the biggest ever shift in energy market fundamentals. Core issues such as mega funding requirements, customer tariffs and the green agenda affect society as a whole. All of the key stakeholders, including government, regulators, investors, consumers and energy companies, need to work together effectively and pragmatically to address these issues.

“Alistair is a luminary in the energy world and will help us maintain a leading role in advising stakeholders across the sector.”

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