Our board of directors

Ian Tyler

Appointment to the Board: 11 January 2021

Director membership of Board Committees:
Remuneration Committee
Nomination Committee (Chair)
Safety, Health, Environment and Drinking Water Quality Committee

Qualifications: Ian graduated from Birmingham University and qualified as a chartered accountant with Arthur Andersen in London, 1985.

Skills and career experience: Ian brings a wealth of experience and knowledge having worked across a number of different industry sectors. Over his career Ian has gained considerable experience in building and transforming businesses in the UK and United States. An accomplished leader, Ian held a number of senior finance and operational positions within listed companies including Group Financial Controller at Storehouse plc, Finance Director at ARC Limited, Finance Director and Chief Operating Officer at Balfour Beatty plc before being appointed its Chief Executive for the period from 2005 to 2013. During his time as Chief Executive, he took Balfour Beatty from being primarily a UK construction business to a global infrastructure services business, and trebled turnover to £10bn.

Other current business interests: Ian was Chair of Vistry Group plc (formerly Bovis Homes Group plc), and Independent Chair of AWE Management Limited (a joint venture between Lockheed Martin, Serco and Jacobs Engineering, which operated the Atomic Weapons Establishment on behalf of the Ministry of Defence) on 30 June 2021 and as Chair of Cairn Energy PLC on 31 December 2020. He was also a NED at BAE Systems plc and Cairn Energy plc. He currently sits on three other boards: NED and Chair of Amey plc (a subsidiary of Ferrovial S.A.), NED at Anglo American plc and NED and Chair of the Remuneration Committee at Synthomer plc.

Other directorships held within the Affinity Water Group: None

Trevor Didcock

Appointment to the Board: 30 November 2015

Appointed as the Senior Independent Non-Executive Director: March 2020

Appointed as the Non-Executive Director for Employee Engagement: July 2019

Director membership of Board Committees:
Remuneration Committee (Chair)
Safety, Health, Environment and Drinking Water Quality Committee

Qualifications: Trevor has a BSc (Hons) in Mechanical Engineering from the University of Nottingham, and an MBA and Marketing Diploma from Cranfield Business School.

Skills and career experience: Trevor was Chief Information Officer at EasyJet plc from 2010 to 2015, HomeServe plc from 2008 to 2010, the Automobile Association Limited from 2003 to 2007 and Group IT Director at RAC Motoring Services Limited from 1999 to 2003. Trevor has experience in a number of industry sectors as a CIO and Group IT Director.

Other current business interests: He is a NED at Futurice Oy (a digital innovation and engineering company), chairs Futurice Ltd and is a non-executive member of the Steering Committee of the Airspace Change Organising Group.

Other directorships held within the Affinity Water Group: None

Shelley Malton

Appointment to the Board: 1 December 2023

Director membership of Board Committees:
Nomination Committee

Career: Shelley is currently Director of Operations at Natwest Group plc. Previously she has held operational management roles at Vodafone plc, Experian plc and Barclaycard.

Skills and career experience: Shelley is a FTSE-30 operating Board level Managing Director, with a strong commercial focus delivering customer centricity, people leadership, cultural and transformational change.

Current External Appointments: Shelley is an independent non-executive director at Allied Irish Bank UK PLC.

Other directorships held within the Affinity Water Group: None

Chris Newsome

Appointment to the Board: 24 January 2019

Director membership of Board Committees:
Audit, Risk and Assurance Committee
Safety, Health, Environment and Drinking Water Quality Committee (Chair)

Qualifications: Chris has a BSc in Civil Engineering from Loughborough University, an MBA from the Manchester Business School and a post-graduate diploma in Structural Engineering from the University of Bradford.

Skills and career experience: Chris has extensive experience across large, regulated infrastructure businesses and over 40 years’ experience within the water industry (at Yorkshire Water, Kelda Water and more recently Anglian Water). He has a passion for carbon reduction and innovation and was awarded an OBE for services to Civil Engineering and Carbon Reduction in 2017.

Other current business interests: Chris is a member of the Government’s Green Construction Board and Chairman of the Infrastructure Working Group driving down carbon in infrastructure assets. He is Past President and Board Member of the Institute of Asset Management, a director of UK Water Partnership Limited and board adviser for Barhale Limited.

Other directorships held within the Affinity Water Group: None

Justin Read

Appointment to the Board: 14 July 2020

Director membership of Board Committees:
Audit, Risk and Assurance Committee (Chair)
Remuneration Committee
Nomination Committee

Qualifications: Justin has an MBA from INSEAD in France and a BA and MA in Modern History from Oxford University.

Skills and career experience: Before starting his non-executive career, Justin was CFO of SEGRO plc from 2011 to 2016, and Speedy Hire plc from 2008 to 2011. Previously he had worked at Hanson plc, Disneyland Paris, and Bankers Trust Company. Justin has a wealth of financial and management experience working as an executive and non-executive across a number of different industry sectors in a wide variety of businesses both within the UK and internationally.

Other current business interests: Justin is a Senior Independent Director and Chair of the Audit Committee and member of the Remuneration and Nomination Committees of Grainger PLC. He is also a Non-Executive Director and Chair of the Audit and Risk Committee and member of the Remuneration and Nomination Committees of Marshall of Cambridge (Holdings) Ltd.

Other directorships held within the Affinity Water Group: None

Keith Haslett, CEO

Appointment to the Board: 3 January 2023

Director membership of Board Committees:
Safety, Health, Environment and Drinking Water Quality Committee

Skills and career experience: Keith has a wealth of water industry experience in senior roles within PLC and Government utility businesses, including a Non-Executive Director role at water utility Tallinna Vesi in Estonia. He has spent a large part of his career in the water industry, at Northern Ireland Water, United Utilities and Northumbrian Water.

Other interests: Keith is from Northern Ireland and is married to his wife and has two sons. He enjoys spending time with his family, playing golf, and cooking in his spare time.

Other directorships held within the Affinity Water Group:
(2) Affinity Water Finance PLC
(3) Affinity Water Finance (2004) PLC
(4) Affinity Water Holdings Limited

Martin Roughead, CFO

Appointment to the Board: 2023

Career: Martin joined Affinity Water in April 2023. Prior to joining, Martin was Director of Strategy and Regulation at Southern Water, where he had been since 2014. Martin holds a BSc (Hons) in Pure Mathematics and Statistics from the University of Glasgow and a Graduate Diploma in Law from the University of Law. Martin is a CFA Charterholder and Associate Member of the Association of Corporate Treasurers.

Skills and Experience: Martin is an experienced finance professional and has extensive water sector experience and regulatory knowledge.

Current External Appointments: Martin is a NED at Glenbervie Golf Club Limited.

Andrew Cox

Appointment to the Board: 15 November 2023

Director membership of Board Committees:
Remuneration Committee
Nomination Committee

Career: Andrew is currently Managing Director, Infrastructure Asset Management at Allianz Capital Partners GmBH. Previously he had worked at 3i Investments plc and AMBAC Assurance UK Limited.

Skills and experience: Andrew offers extensive financial experience as well as broad sectoral background in water. He has a degree from Cambridge University.

Current External Appointments: Andrew holds a number of directorships across the Bazalgette group companies, RMPA group companies and Porterbrook group companies.

Other directorships held within the Affinity Water Group:
(2) Affinity Water Finance PLC
(3) Affinity Water Finance (2004) PLC
(4) Affinity Water Holdings Limited
(5) Affinity Water Holdco Finance Limited
(9) Affinity Water Capital Funds Limited
(10) Daiwater Investment Limited

Mike Osborne

Appointment to the Board: April 2022

Director membership of Board Committees:
Nomination Committee
Safety, Health, Environment and Drinking Water Quality Committee

Career: Mike began his career in 2002 with Ernst & Young and then moved to Citi, where he advised on project financing, mergers and acquisitions and capital raising within the infrastructure sector, before joining Citi Infrastructure Investors in 2008. Mike was also an investment professional with Citi Infrastructure Investors, where he worked on asset management and a variety of acquisitions and divestments.

Skills and Experience: Mike is a Director at InfraRed Capital Partners. He spent six years with Corsair Capital as a Principal, where he also served as a director of Corsair portfolio companies Kelda Holdings (from 2013), its regulated subsidiary Yorkshire Water Services (from 2017), and Itínere Infraestructuras, a toll road platform in Spain (from 2014). He holds an MChem degree in chemistry from the University of Oxford.

Current External Appointments: Mike is also a director of High Speed One Limited.

Other directorships held within the Affinity Water Group:
(2) Affinity Water Finance PLC
(3) Affinity Water Finance (2004) PLC
(4) Affinity Water Holdings Limited
(5)Affinity Water Holdco Finance Limited
(9) Affinity Water Capital Funds Limited
(10) Daiwater Investment Limited

Roxana Tataru

Appointment to the Board: July 2021

Director membership of Board Committees:
Audit, Risk and Assurance Committee
Remuneration Committee
Nomination Committee

Qualifications: Roxana holds a BSc in Management (Accounting and Finance) from Manchester Business School.

Skills and career experience: Roxana has a wealth of financial experience working in asset management, banking, finance and capital markets across the sector. Roxana is currently Vice President at Allianz Capital Partners where she focuses on the origination of investment opportunities across a variety of infrastructure sectors including regulated utilities, transportation and telecommunication, and is involved in the management of several portfolio companies. Roxana was previously at RBC Capital Markets where she performed various infrastructure M&A and financing advisory roles latterly as an Associate for the organisation.

Other current business interests: Roxana is an observer to the Board of Galp Gás Natural Distribuição, Portugal’s largest gas distribution network.

Other directorships held within the Affinity Water Group:
(2) Affinity Water Finance PLC
(3) Affinity Water Finance (2004) PLC
(4) Affinity Water Holdings Limited
(5) Affinity Water Holdco Finance Limited
(9) Affinity Water Capital Funds Limited
(10) Daiwater Investment Limited

Adam Waddington

Appointment to the Board: May 2023

Career: Adam Waddington is a Managing Director at DIF Capital Partners and head of the Portfolio team. Adam joined DIF in 2013 and has served as board member for a number of companies in the social, economic and renewables infrastructure spaces. This has included offshore and onshore wind, hospitals, roads, housing, and education projects. Adam established the Portfolio team at DIF to provide analytics, performance reporting and valuations across the range of DIF investments.

From 2006 to 2013, Adam developed investments in the PPP and regulated sectors at Babcock & Brown and subsequently Amber Infrastructure. On the regulated side this was within the OFTO (Offshore Transmission Operator) sector.

From 1997 to 2006, Adam initially worked in a boutique modelling and logistics consultancy followed by advisory work in the energy and utilities team at Andersen and subsequently Deloitte.

Adam graduated with a degree in Physics from Imperial College, London in 1996 and achieved award of the CFA designation in 2003.

Skills and career experience: Adam is an experienced infrastructure investment professional with a career spanning investment, asset management and valuation.

Current External Appointments: Adam is a director of DIF Infra 4 Ireland Limited since 2015.

Other directorships held within the Affinity Water Group:
(2) Affinity Water Finance PLC
(3) Affinity Water Finance (2004) PLC
(4) Affinity Water Holdings Limited
(5)Affinity Water Holdco Finance Limited
(9) Affinity Water Capital Funds Limited
(10) Daiwater Investment Limited

Patrick Makoni

Appointment as Group Company Secretary: 3 April 2023

Qualifications: Patrick is a qualified Chartered Company Secretary and an Associate of the Chartered Governance Institute (CGI). Patrick holds a BSc in Finance (Honours), an MSc in Corporate Governance and Leadership, and a Masters in Law. He is also a member of the Chartered Institute of Internal Auditors.

Skills and career experience: Patrick has a wealth of experience working with multi-structures and regulated entities within higher education, the charity sector, executive non-departmental public bodies, private and public sectors. He has demonstrable accomplished company secretarial technical skills including good working knowledge of the UK Companies Act and Corporate Governance Code. Patrick has previously served as a Governor at The Chalfonts Community College in Buckinghamshire and as Company Secretary, Director and Trustee of High Wycombe Citizens Advice Bureau.