The BoardThe Board is instrumental in setting the strategic direction for the National Energy System Operator (NESO) through its ongoing evolution and the broader transformation of the energy sector. While the Executive Committee manages daily operations, the Board's focus is on strategic oversight, including the formulation and execution of long-term business strategies, objectives, and plans.
The transition from the Electricity System Operator (ESO) to the National Energy System Operator (NESO) is one of significant and complex change for the organisation. As of October 1st, 2024, NESO is established as an independent expert organisation at the centre of the UKs energy system. NESO needs to be more broadly equipped, capable of providing advice and challenge across all strategic and operational issues, against the backdrop of a highly dynamic energy environment. The Board has an important role to support the organisation as it expands in its enhanced remit.
With both electricity and gas network planning now under one roof, NESO has an expanded remit, sitting at the heart of the government’s clean power mission. This is a pivotal moment to augment the board of directors, bringing in fresh talent to support the organisation as it takes a holistic look not just across electricity and gas, but also hydrogen, renewable generation, storage and other emerging technologies such as carbon capture usage and storage.
With the Chair, Dr Paul Golby, in place there is now a need for further strengthen the Board with the core skills required as NESO embarks on the next chapter of its transformation.
Position Overview
The incoming Non-Executive Director (NED) will help with the continuing establishment of NESO as a new business and the development of its governance as an independent advisor to Government. They will help NESO navigate heightened political, industry, and public scrutiny, including by managing increased risks and ensuring robust assurance over new processes and systems.
This position will help bring strong people focus and change agenda to the Board. NESO has significantly expanded in size and scale to take on its new remit, with over 1000 new permanent colleagues joining over the last two years (+97% increase) and a revised leadership structure now in place. We are looking for an experienced NED from Human Resources or change management background. The ideal candidate will have helped steer an organisation through significant cultural and organisational change. The scale, speed and complexity of change experience they bring is more important than an immediate knowledge or background in the energy or utility sector. An individual from a different or more diverse sector background could help bring a wider perspective to the role.
It is anticipated that the successful individual will join the Board’s Remuneration Committee and potentially in due course take over as its Chair.
It is not essential that the NED has previous experience in Energy or Utilities, but a sector that has been subject to considerable change in a fast moving, perhaps regulated (e.g. Aviation, automotive and others), and high-profile environment.
The NED should build strong relationships with the Chair, fellow NEDs, and executive directors, fostering a culture of transparency and effective communication. Finally, the NED will be expected to support the organisation’s mission, values, and strategic direction, while ensuring that the organisation’s activities uphold the highest standards of ethical conduct and accountability.
Board Composition
The Board is composed of a dynamic mix and vibrant group of individuals, each bringing a wealth of experience and a commitment to excellence in governance and strategic oversight. Please see Appendix 1 for an overview of the current NESO Board of Directors.
Principal Accountabilities
The NED will have a number of key responsibilities in addition to the overview above:
• Strategic Oversight: Offer independent and informed perspectives on NESO operations, infusing the Board with external expertise and insights on governance, as well as boardroom best practices. Contribute to long-term business strategy, aligning with NESO’s mission amid significant change. Work closely with the Executive Committee to set strategic priorities, monitor industry trends, and adapt strategies to evolving market and regulatory landscapes. Emphasise innovation and sustainability in strategic planning.
• Strategic Evaluation: Assess significant strategic initiatives, leveraging their unique expertise to input into Board decision-making. Ensure that board decisions are informed by diverse perspectives and rigorous analysis, while remaining aligned with long-term organisational goals.
• Management Support: Act as a sounding board for the CEO, CFO and other Executive Directors, offering insights on complex issues and strategic dilemmas. Facilitate open communication and foster a culture of accountability and continuous improvement.
• Performance Accountability: As part of the Board, hold management accountable for the NESO's financial and operational performance, ensuring the achievement of business plans, stakeholder interests and regularly review performance metrics, financial reports, and operational updates to ensure that the organisation meets its strategic objectives. Provide constructive feedback and challenge management on performance and strategy execution.
• Governance and Compliance: Uphold the highest standards of governance and regulatory compliance, ensuring the NESO's strategies and operations align with legal and regulatory frameworks.
• Stakeholder Engagement: Represent NESO to key stakeholders, including regulators, industry bodies, and government entities, as needed. Build and maintain strong relationships with external stakeholders, advocate for the organisation’s interests, and ensure that stakeholder perspectives are considered in board deliberations. Promote transparency and trust in all stakeholder interactions.
The Candidate:
The candidate will be independently minded, possess integrity, and build a respectful relationship with other Board members. They should have the capacity to analyse complex information and share best practices when appropriate. Candidates must maintain independence and have no conflicts of interest, whilst committing to the highest ethical standards outlined in Seven Principles of Public Life – selflessness, integrity, objectivity, accountability, openness, honesty, and leadership.