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Britain's water regulator chief Cathryn Ross to step down

Reuters - UK Focus

July 19 (Reuters) - Britain's Water Services Regulation Authority (Ofwat) said its chief Cathryn Ross would be leaving the regulator to take up a position in the private sector unconnected with the water industry.

Ofwat said it had begun the process of finding a replacement for Ross, who took over as chief in 2013 and led the regulator through a review of sector prices which it undertook in 2014 and the opening of a new business retail market.

Ofwat is the independent economic regulator of the water sector in England and Wales, in which companies such as Severn Trent (BSE: 500251.BO - news) , United Utilities (LSE: UU.L - news) and Pennon Group (Frankfurt: 3PNA.F - news) operate. (Reporting by Noor Zainab Hussain in Bengaluru, editing by Louise Heavens)