The parent company of Irish Water and Gas Networks Ireland, Ervia, has appointed a new Managing Director (MD) and Group Finance Director (GFD).

Mr Jerry Grant, who was Head of Asset Management of Irish Water, has been appointed the new MD.

Mr Cathal Marley, who was Head of Group Treasury and Investor Relations at ESB, has taken the role of GFD.

Mr Grant has directed an investment programme worth more than €3 billion to start to fix Ireland's ailing water and waste water infrastructure and produced the first Water Services Strategic Plan for Irish Water, setting out its priorities for the next 25 years. He has also served as spokesperson for Irish Water on a range of technical issues and on major infrastructure projects.

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Mr Marley has held a number of senior management and financial roles in ESB and brings a depth of financial and commercial experience, including debt capital market and bank funding, financial operations, governance and risk management, in a regulated utility environment, to his new role. Prior to ESB, Cathal worked with EY in Dublin and Eastern Europe.

Ervia Group Chief Executive Michael McNicholas said: "We are very pleased to have appointed people the calibre of Jerry and Cathal to these senior positions. Jerry Grant brings 40 years infrastructure experience to the role of Managing Director and is Ireland's foremost technical expert on Water Services. The appointment of Jerry provides the strong leadership, detailed knowledge and experience that will guide Irish Water through the transition from establishment to fully operational phase as a state utility."

(CD/LM)