Sir Adrian Montague has been confirmed as the new chairman of rail asset management company Porterbrook.
Recently retired as chairman of Aviva plc, Sir Adrian is currently chairman of Cadent Gas, Manchester Airports Group, and TheCityUK Leadership Council.
He has over four decades of experience across transport, infrastructure and financial services, having previously served as deputy chairman of Railtrack and chairman of Cross London Rail Links, the precursor to Crossrail. In addition, he has also served in government roles including chief executive of the Treasury Taskforce, deputy chairman of Partnerships UK plc and deputy chairman of the UK Green Investment Bank.
Porterbrook chief executive officer Mary Grant said: “I am delighted that Sir Adrian Montague is joining Porterbrook. The company and board will benefit enormously from his invaluable experience of UK rail and infrastructure investment.
“This is an exciting time for our business, and I look forward to working closely with Adrian.”
Sir Adrian responded: “Porterbrook has ambitious plans for the coming years, particularly its vision of adding value across the whole lifecycle of trains, and the innovative projects underway to decarbonise the railway.
“These initiatives are vital at this critical time, and I am keen to play my part in ensuring Porterbrook delivers for its customers, stakeholders and the traveling public.”