The Cabinet Secretary for the Environment, Climate Change and Land Reform, Roseanna Cunningham MSP, today announced the reappointment of Dame Susan Rice as Chair of the Board of Scottish Water.
“Our decision to reappoint Dame Susan Rice for a further term is great news for both Scottish Water and its customers. Dame Susan brings with her unparalleled skills and experience at the very highest level and I have no doubt that she will continue to build on the strong progress being made in delivering a first class public water service in Scotland.”
Dame Susan Rice a Chartered Banker, is inter alia Chair of the Board of Scottish Water, President of the Scottish Council of Development and Industry, Senior Independent Director of J Sainsbury, a Director of C Hoare and Co and the Banking Standards Board. She also Chairs the Scottish Fiscal Commission and is a Lay Member of Court of Edinburgh University. She was previously a Non-Executive Director of energy company SSE and the Bank of England as well as Chairman and Chief Executive of Lloyds TSB Scotland plc, then subsequently Managing Director of Lloyds Banking Group, being the first woman to head a UK clearing bank. Prior to that, she was Senior Vice President at NatWest Bancorp in New York and, earlier in her career, a Dean at Yale and Colgate Universities in America and a published medical researcher.
The reappointment is regulated by the Commissioner for Ethical Standards in Public Life in Scotland.
Length of Term, Remuneration and Time Commitment
The reappointment will be for four years and will run from 1 June 2019 until 31 May 2023. It attracts remuneration of £764.00 per day for a time commitment of 2½ days per week.
Other Ministerial Appointments
Dame Susan is Chair of the Scottish Fiscal Commission. The position attracts remuneration of £465.00 per day for a time commitment of 1½ days per week.
All appointments are made on merit and political activity plays no part in the selection process. However, in accordance with the original Nolan recommendations, there is a requirement for appointees’ political activity within the last five years (if there is any to be declared) to be made public.
Dame Susan has had no political activity within the last five years.