Christie takes top IR role at Thames Water

One of the world’s three largest water companies, Thames Water, has appointed Liz Christie, a former director at ABN Amro, as head of its investor relations.

One of the world’s three largest water companies, Thames Water, has

appointed Liz Christie, a former director at ABN Amro, as head of its

investor relations.



Christie will report to group corporate affairs director Jonathan

Russell, and lead a team of three, covering global investor and

corporate relations.



One of Christie’s first tasks will be communicating Thames’ reaction to

water regulator Ofwat’s pricing review. The review, which comes into

effect next spring, is announced at the end of this month. Her job will

also involve liaising with Thames’ financial PR agency, Bell Pottinger

Financial.



Christie replaces Janet Carruzzo, who is currently on maternity leave

but will return to the organisation next spring as head of brands. In

the interim period, investor relations officer Louise Clamp has carried

out IR responsibilities.



Christie was previously director of European utility research at ABN

Amro. ’After 13 years of working in the City, it will be challenging to

look at things from a completely different angle,’ she said.



Thames Water is the UK’s largest water and sewage company, serving 12

million customers in London and the Thames Valley. On a global scale,

the company is one of the three largest water companies serving over 21

million people in countries such as Turkey, China and Australia.



In the first half of this year, Thames doubled its pre-tax profits to

pounds 11 million.



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