Declan Collier has been named as preferred candidate for the role of new Chair of the Office of Rail and Road (ORR).
He has been announced as the preferred candidate by Chris Grayling, the Transport Secretary, following an open competition.
After this step, the Transport Select Committee will hold a public scrutiny hearing with Declan Collier later in the year and, subject to the outcome of this, he will begin his role at the start of next year.
He will replace current incumbent, Professor Stephen Glaister, who is stepping down from the role as Chair after three years of service; Mr Glaister will return to a non-executive director role on the board of the ORR.
After naming his preferred candidate, Chris Grayling said: “The ORR performs an important role as the rail regulator and roads monitor for England and I look forward to Declan Collier taking up this position.
“Declan brings a wealth of transport sector knowledge and I am confident he will be able to tackle the diverse range of issues that the regulator covers.
“I would like to thank Stephen Glaister for his work, he has played a distinguished role as Chair, bringing important leadership during the 2018 periodic review process, which will set the regulatory framework and funding for Network Rail for the next five year control period.”
The ORR is a crucial non-ministerial government department that is responsible for the economic and safety regulation of Britain’s railways and roads.
Like Network Rail, the ORR has made a key change at director level in time for the start of Control Period 6 next year.
The ORR has previously spoken about its periodic review process, which regulates the spending plans set aside by Network Rail – a record investment of £48 billion – so Declan Collier is joining at a critical time for the regulator and the wider rail industry.