Scottish Gas Network (SGN) has announced the appointment of new Chief Financial Officer (CFO), Simon Kilonback.

Simon has over 25 years’ experience in senior finance roles, particularly in infrastructure and utility businesses. He was the CFO of Transport for London for 5 years, during which time he brought TfL to the point of financial sustainability from a £1.5 billion operating deficit pre-Covid.

More recently, Simon has been the CFO of G.Network, a private equity owned full fibre broadband business building a proprietary fibre network in the heart of London. Simon’s finance career also spans  Lloyds Banking Group, HBOS, WH Smith and Sony.

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Simon will take over from Mick Carmedy, who announced his retirement earlier this year, after 6 years at SGN and 30 years in the utility sector.

SGN’s CEO Mark Wild OBE said: "I'm delighted to welcome Simon to SGN and look forward to working together to build a thriving and enduring business. He brings a wealth of experience spanning the public and private sectors. I have first-hand experience of working with Simon at TFL and I know he’ll bring passion and commitment to SGN during what is an inspiring, challenging time in the energy sector. I’d also like to thank Mick Carmedy for his valued contribution and we wish him well in his retirement.”

Simon Kilonback said: “It is exciting to be joining SGN to help lead the business through the next regulatory cycle and to help shape our role in defining the future of energy in the UK. Mark is an inspiring leader with big plans for SGN and I’m thrilled to have the opportunity to work with him again.”

Simon will join SGN in September 2023.