Interim chair for Market Performance Committee as Sisman steps down

Nigel Sisman will step down as chair of the retail market’s Market Performance Committee (MPC) at the end of the month, a position he has held since April 2017.

Elsa Wye, currently an independent panel member and chair of the Trading Disputes Committee (TDC) will act as interim chair until 31 March 2020, while a permanent successor is found. Part of her remit will be to continue work announced earlier this year to develop a strategic roadmap to evolve the Market Performance Framework.

MOSL said it had appointed consultancy, Economic Insight, to provide detailed analysis to this end. It shared early outputs with the Panel on 10 December and plans to present a final version of the roadmap to Ofwat at the end of the month with a view to kicking off a set of implementation projects in the first quarter of 2020.

Alternate Panel member John Vinson will be appointed as a full Panel member from 1 January 2020 and will temporarily replace Wye as chair of the TDC.

All Panel decisions were postponed while Ofwat was under purdah ahead of the general election, but are now expected to resume.