MOSL chief to step down in summer

MOSL chief executive Ben Jeffs is to stand down from his post in summer. He joined MOSL in June 2015 and has successfully overseen the design and delivery of the Central Market Operating System that will underpin the new business retail market.

MOSL is in the process of transitioning from the all-but-completed programme phase to become the enduring market operator and has recently refreshed its senior leadership team to that end. Jeffs (pictured) has elected not to put himself forward for the enduring chief executive role, but will support the board as it recruits his successor and has reiterated his commitment to stay beyond go-live on 1 April to ensure a smooth launch and handover.

Today, Jeffs said: “At the outset of this process I gave a clear commitment to open the market on time and support the transition to the new market. With the secretary of state's announcement yesterday [see story ] we are on track to achieve this four weeks from today.

“Having been engaged on an interim basis, late last year I decided not to apply for the permanent chief executive role. From my perspective there is no change of pace and no loss of focus as we approach the opening of the market in April. I look forward to working with the enduring chief executive when they are appointed and to continue to deliver on the strategy we set out in the 2017/18 business plan.”

MOSL chairman Andrew Pinder said: “The past 18 months have been a period of enormous challenge and opportunity for MOSL and the water industry as a whole. Ben’s drive, determination and depth of knowledge has played a major part in delivering such a complicated programme on time and within budget. We thank him for all his efforts to date and in the important months ahead.

“We are now looking for a successor that will continue to build on the excellent progress that Ben and his team has made to date. Market participants can be assured that MOSL’s strategy, direction and pace of delivery will continue.”