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
Christie will report to group corporate affairs director Jonathan
Russell, and lead a team of three, covering global investor and
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
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.