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John Curran will be elected Chair of the Guernsey Competition and Regulatory Authority on a temporary basis from today, while the body looks for a new permanent Chair and Board Member.
Chris Bolt and Caroline Chan are stepping down from their respective roles.
Mr Curran will be elected by the States today to replace Mr Bolt today.
He is an existing Non-Executive Director of the GCRA, and is a former CEO of the GCRA, Director General of Guernsey's Office of Utility Regulation (forerunner to the GCRA) and he headed up the JCRA from 2010.
"Chris has been an outstanding leader for the GCRA," said Mr Curran, "not just for the Board members but in supporting and mentoring our executive team. He has vast experience in the regulatory space, and we have been fortunate to benefit from his expertise and knowledge over the past two years. We wish him well for the future.
"We are also grateful for the role which Caroline Chan has played as a Board member, and will continue to play until the end of her term next year. She has been an excellent on-island appointment, and when her term ends will leave with our thanks for the expertise she has brought to the GCRA."
Mr Bolt said his decision to resign from his position as Chair was a personal matter.
Deputy Neil Inder, President of the States of Guernsey's Committee for Economic Development thanked both Mr Bolt and Mrs Chan, and Mr Curran for their dedication to the GCRA.
"Chris has done a first-rate job in re-establishing a separate authority. He has demonstrated great integrity and insight in the way he has undertaken the role, and the Committee is grateful for the work he has done. We wish him well for the future, personally and professionally.
"We also thank John for stepping in to ensure continuity and stability. It is hugely appreciated by the Committee for Economic Development."
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