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Jersey Competition Regulatory Authority: appointment of Chief Executive to the Board.

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STATES OF JERSEY

JERSEY COMPETITION REGULATORY AUTHORITY: APPOINTMENT OF CHIEF EXECUTIVE TO THE BOARD

Presented to the States on 19th June 2012 by the Minister for Economic Development

STATES GREFFE

2012   Price code: A  R.75

2 REPORT

Following the announcement of the current Chief Executive of the Jersey Competition Regulatory Authority (JCRA) that he intends to step down, that post is to become vacant as part of a managed transition.

The recruitment process

The  post  has  been  advertised  in  both  the  local  media  and  internationally,  and applications were received from both local and overseas applicants. A Panel consisting of the Chairman and 2 Non-Executive Directors of the JCRA together with a member of the Jersey Appointments Commission considered the applications.

The Panel interviewed a shortlist of candidates comprising both internal and external applicants, and appointed Andrew Riseley, the current Deputy Executive Director of the JCRA, to the position. As part of his role as Chief Executive, Mr. Riseley will be expected  to  sit  on  the  Board  of  the  Authority  and  the  Minister  for  Economic Development has approved this appointment.

The successful candidate

Mr. Riseley is a competition and regulatory lawyer, who has worked at large law firms in both the UK and Australia, at one of the UK's competition regulators, and in-house at a major UK utility. He has extensive experience in utility regulation, competition law (merger control, abuse of dominance and horizontal and vertical agreements) and public procurement.

Mr. Riseley joined the JCRA as Deputy Executive Director in July 2011. Prior to joining he was an associate director at Berwin Leighton Paisner LLP, a law firm based in the City of London, and advised a number of regulated utilities in sectors such as water, electricity and gas. Prior to joining BLP, Mr. Riseley was the in-house competition and regulatory lawyer at Thames Water in Reading, UK. Mr. Riseley was previously a legal advisor at the UK Competition Commission, where he worked on inquiries into grocery retailing and airport price controls. He began his legal career in the competition departments of the law firms Clifford Chance LLP in London and Mallesons Stephen Jaques in Melbourne, Australia.

Mr. Riseley is admitted to practise as a solicitor in England and Wales and Victoria, Australia. He holds post-graduate qualifications in competition law and economics from the London School of Economics and Political Science where he studied as a Commonwealth Scholar in 2001/02, and degrees with first-class honours in economics and law from Monash University in Australia.

Mr. Riseley is to be appointed as Chief Executive on 13th June 2012, and the Minister duly appoints him to the board of the JCRA from this date.

Inter-Island cooperation

As  well  as  his  appointment  as  Chief  Executive  of  the  JCRA,  Mr.  Riseley  is simultaneously being appointed as Chief Executive of the newly-formed Guernsey Competition Regulatory Authority. This will reduce the cost of the position by sharing expenses  and  salary  with  Guernsey  and  allow  greater  co-operation  between  the

R.75/2012

3

2 islands on competition matters under the banner of the Channel Islands Competition Regulatory Authority.

Reporting

Under Article 3(3) of the Competition Regulatory Authority (Jersey) Law 2001 the Minister for Economic Development is required to notify the States of appointments of members of the Jersey Competition Regulatory Authority (JCRA).

R.75/2012