Peter Antolik will lead the Office of Rail Regulation’s (ORR) monitoring function for England’s strategic road network.
The new road monitor will be run by the ORR to ensure that how the network is managed is more transparent than ever before. This forms part of the reform of the Highways Agency, which will see it become government owned from April
Antolik will join ORR from March 2015 and will be responsible for leading the highways monitoring function within ORR. He will advise on the design and implementation of the new regime for monitoring the performance and efficiency of Highways England. As part of this work, ORR will track the company's delivery of the strategic road network for road users and funders, and advise the Secretary of State for Transport on setting performance, delivery and efficiency targets for the business for five-year funding periods.
Antolik is currently an executive director in the Infrastructure Investments Group at JPMorgan Asset Management. Prior to joining JPMorgan, he was strategy and regulation director at Thames Water, having also held senior positions at Macquarie Bank, Barclays Funds and Andersen Consulting.
ORR chief executive Richard Price said: “Peter has substantial expertise in establishing financial and performance regimes for network businesses and in making sure they deliver for their customers, which will be key in this role. As a member of the leadership team, Peter will also bring these commercial skills to the wider work of the ORR across the range of infrastructure providers we now regulate and monitor.”
Peter Antolik added: “I'm looking forward to working with colleagues at ORR and stakeholders in building the highways monitoring role over the coming months. My focus will be on developing a cost, efficiency and performance monitoring function which really helps to drive value for money and performance for taxpayers and road users."