QLD URBAN UTILITIES (QUU) APPOINTS NEW CEO

Louise Dudley has today been appointed CEO, Queensland Urban Utilities, effective from Monday 2 July 2012. Louise Dudley is the Chief Financial Officer of Queensland Urban Utilities and drove setting up the organisation, and one of its predecessors, as Manager Water Retail, Brisbane City Council (BCC) as early as five years ago. Prior to being the CFO of Queensland Urban Utilities, Ms Dudley was the Executive Manager, Water Retail, BCC, Chief Procurement Officer, BCC, acting CFO BCC, CFO, PresCare and a senior consultant with one the leading financial consultancy firms, KPMG.

Ms Jude Munro AO, Chairperson, Queensland Urban Utilities’ Board, said, “The Queensland Urban Utilities Board is delighted that Louise Dudley has accepted our offer to become our CEO. The Board identified Ms Dudley as our preferred candidate and has been preparing her succession to the position for the last two years.” “Ms Louise Dudley has been an outstanding Chief Financial Officer and is more than ready to take on the position as CEO. Ms Dudley has worked closely with our participating councils, the Queensland Water Commission and the Queensland Competition Authority. She has worked hard to keep water prices down, and understands the business thoroughly.”

“Ms Dudley will have significant challenges in the future, including delivering a major capital works program, an efficiency program, and separating our information and communications technology from Brisbane City Council. We are confident she has the strategic ability to lead change and meet these challenges.” Louise Dudley will fill the position arising from the resignation of Ian Maynard. Ian Maynard, CEO Queensland Urban Utilities, today resigned to take up the position of CEO Queensland Public Service Commission. The Chairperson, Queensland Urban Utilities Board, Jude Munro thanked the current CEO, “The Board would like to thank Ian Maynard who has been a terrific CEO. We are sad to see him go and wish him well in his new position with the State Government.” “Ian has built strong relationships with our stakeholders. He has had a focus on building a safety culture within Queensland Urban Utilities. He has also been a role model in serving our customers with his hands-on approach. He has had a proactive approach to stripping out unnecessary costs and streamlining work processes in our water and sewerage utility. I wish him well for the future.”

Issued by: Jude Munro, Board Chairperson, Queensland Urban Utilities.

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