Ofgem CEO returns to KPMG

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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