London's Transport Commissioner, Andy Byford, has set out how a new executive team structure for Transport for London (TfL) will be introduced to best meet the coming challenges and opportunities as London prepares for a new phase of recovery from the pandemic.
The structure of Andy's Executive Team will be simplified, reducing from 11 to seven. The new team, which will represent reduced costs at the executive level, will lead a single unified organisation with a centrally set strategic framework that further embeds TfL's vision and values.
Gareth Powell, currently Managing Director of Surface Transport, will become the Chief Customer and Strategy Officer for the whole of TfL. He will also serve as the nominated Deputy Commissioner.
Stuart Harvey, currently Director of Major Projects, will become TfL's Chief Capital Officer.
Andy Lord, currently Managing Director of London Underground, will become TfL's new Chief Operating Officer, bringing all of TfL's operations together in one place for the first time.
Tricia Wright remains TfL's Chief People Officer, Lilli Matson remains TfL's Chief Safety, Health and Environment Officer, and Howard Carter remains TfL's General Counsel.
Mark Wild will continue to report to Andy as Chief Executive Officer of Crossrail.
Matt Brown will work alongside the Executive Team as Andy's advisor and Director of Communications & Corporate Affairs.
TfL announced last week that Simon Kilonback, TfL's Chief Finance Officer, has made the difficult decision to leave TfL. Simon will remain TfL's Chief Finance Officer until he leaves in April, with Rachel McLean succeeding him as interim CFO thereafter.
Rachel is currently the CFO for Crossrail and Finance Director for London Underground and Engineering, having re-joined TfL in January 2020 from the Ministry of Housing, Communities, and Local Government where she was a Board Member and the Director General - Chief Financial Officer.
Rachel was previously Director of Planning, Performance and Finance at HMRC Customer Services, has a wealth of experience in both the private and public sectors and previously worked for TfL for nine years in senior asset management and finance roles. She is a Fellow of the Chartered Institute of Management Accountants and a Member of the Chartered Institute of Public Finance and Accountancy.
Of Rachel's appointment Andy Byford said: "Rachel brings a wealth of experience to this role and I am delighted that she will be joining my Executive Team.
"Rachel will focus on working to identify how our capital improvements can be funded and financed and will be accountable for the overall TfL budget, funding and business enabling processes. She will drive cost efficiency across the entire organisation, including through supply chain transformation."