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Alistair Buchanan recently joined KPMG as Partner and Chairman of the UK Power and Utilities Practice, following the completion of his ten year term as CEO of the British Energy Regulator, Ofgem.
The keynote projects at Ofgem were: Major corporate de-merger of the gas networks business, leading thinking on security of supply (Project Discovery), retail market reforms, creating the company “Ofgem E-Serve” to run £5-10bn consumer monies and totally re-writing regulatory rules (called RIIO – replacing the RPI-X approach set up in 1983); set up Offshore regime using tender/auction process.
Prior to joining KPMG, Alistair was on the Council of Durham University and was Chair of the University’s Remuneration Committee. He has also been a Non-Executive Director for Scottish Water and was a member of the UK Energy Research Partnership (UKERP). He was appointed CBE in December 2008.
Before Ofgem his working career has been in the financial sector with leading investment banks, as both an award winning analyst and as Head of Research, in London and New York. He is a Fellow of the Institute of Chartered Accountants, training with KPMG.