Ofwat chief executive to resign at end of month
Summary
David Black, the chief executive of Ofwat, has announced he will step down at the end of this month. This decision comes as Ofwat is set to be replaced by a new watchdog after recent industry changes.Key Facts
- David Black is the chief executive of Ofwat.
- He will resign at the end of the current month.
- Black became chief executive in April 2022.
- Ofwat is a regulator that oversees the water industry in the UK.
- The government plans to replace Ofwat with a new watchdog.
- This change is part of efforts to address issues in the industry.
- David Black expressed good wishes for his team after his resignation.
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