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Publication - Factsheet

Public appointment: Non-Executive Member appointment extended to the Board of Scottish Water

Published
19 February 2025
Directorate
People Directorate

Public appointments news release

Part of

The Cabinet Secretary for Net Zero and Energy, Gillian Martin MSP, today announced the extension to the appointment of Iain Lanaghan as a Non-Executive Member of the Board of Scottish Water.

Non-Executive Member

Iain Lanaghan is an experienced Non-Executive Director (NED) and former Main Board finance director. He is also was a Lead NED of the UK Supreme Court and Audit Chair of the North Sea Transition Authority. His previous NED and Audit Chair roles have included the UK MOD Defence Equipment and Support Agency and UK National Nuclear Laboratory. Previously, he was Finance Director of FirstGroup plc, Faroe Petroleum plc, PowerGen International and Atlantic Power. He is a member of the Institute of Chartered Accountants of Scotland, having qualified with KPMG in London.

Appointments

The appointment is for six months from 1 April 2025 until 30 September 2025.

The appointment is regulated by the Ethical Standards Commissioner.

Remuneration and time commitment

The appointment attracts remuneration of £466.00 per day for a time commitment of five days per month.

Other Ministerial appointments

Iain Lanaghan does not hold any other public appointments made by Scottish Ministers.

Political activity

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.

Iain Lanaghan has had no political activity within the last five years.

Background

Scottish Water is a public corporation established by the Water Industry (Scotland) Act 2002.  It is accountable to the Scottish Government for the provision of all public water and sewerage services to more than 2.62 million households and around 153,000 businesses in Scotland.  It is the fourth largest provider of water and sewerage services in the UK, with an annual revenue of roughly £1.94 billion.  Its retail subsidiary Business Stream operates in the competitive retail market for non-household customers in Scotland and England.

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