The official version of this document can be found via the PDF button.
The below content has been automatically generated from the original PDF and some formatting may have been lost, therefore it should not be relied upon to extract citations or propose amendments.
STATES OF JERSEY
JERSEY COMPETITION REGULATORY AUTHORITY: RE-APPOINTMENT OF A NON-EXECUTIVE DIRECTOR
Presented to the States on 6th February 2019 by the Chief Minister
STATES GREFFE
2019 R.12
2 REPORT
Background
Under Article 3(3) of the Competition Regulatory Authority (Jersey) Law 2001, the Chief Minister is required to notify the States of appointments of members of the Jersey Competition Regulatory Authority ("JCRA").
Members will recall that Mr. Paul Masterton was appointed to be a Non-Executive Director of the JCRA for a period of 2 years, commencing on 13th February 2017. He has subsequently been recommended to serve as Non-Executive Director for a further term of 3 years.
Recommendation of Mr. Paul Masterton
Following Oxera's 2015 "Review of the Jersey Regulatory and Competition Framework", the Board of the JCRA identified the need to reinforce the level of local business knowledge at non-executive level.
Mr. Masterton has strong ties with the local business community, acting as Non- Executive Director for the Jersey Development Company, Non-Executive Chairman for the Insurance Corporation of the Channel Islands and Non-Executive Director and Senior Independent Director for 3i Infrastructure plc. He has previously held Non- Executive Chairmanships at Digital Jersey and Allied Irish Banks International and was Chief Executive of the Durrell Wildlife Conservation Trust between 2008 and 2013. Prior to this he spent 25 years with R.R. Donnelley, a leading global provider of print, digital and supply chain solutions, where he ascended to the role of President of the European business.
In addition to the above, by letter dated 11th December 2018, the Chairman of the JCRA and the Guernsey Competition and Regulatory Authority ("GCRA") emphasized Mr. Masterton's valuable contribution to the Authority since his initial appointment in 2017. The Chair furthermore stated he would be grateful if Mr. Masterton would be considered for re-appointment for a 3 year term.
The commencement date of the recommended contract will be 13th February 2019. The term will be 3 years, to expire on 12th February 2022.
Appointment process first term
The initial appointment process started in August 2016 and was signed off by the Jersey Appointments Commission. It commenced with adverts placed locally in the Jersey Evening Post and in the Guernsey Press. By the closing date, 28 applications had been received. Applications were made subject to a shortlisting process, undertaken by the recruitment panel. Five candidates were shortlisted for interview, of which 4 were deemed appointable (for 2 vacancies).
The 2016 appointment process resulted in the recommendation of Mr. Paul Masterton. The Chairman has restated that the initial 2 year appointment was designed to stagger terms of appointment so that all Members terms of office do not expire at the same time.
R.12/2019
3
Resource implications
The Chief Minister's Department provides the JCRA with a Grant to administer the Competition Regulatory Authority (Jersey) Law 2001 (£300,000 in 2019). The fees payable to Non-Executive Directors of the Authority are sourced from the Annual Grant.
There are no other financial or manpower implications for the States.
R.12/2019