Jemena, an energy infrastructure company with a $12.4 billion valuation, has uncovered the arrangement of Kate Webster as its new Group Chief CFO.
The choice comes after a broad and serious enlistment cycle to track down the right candidate to guide the financial bearing of the organisation and its auxiliary, Zinfra, the company said in a news release.
Kate Webster, who has a lot of experience in the energy and utility industries, has been chosen because she knows everything there is to know about the financial challenges facing the industry and has a track record of success.
Jemena’s Managing Director David Gillespie communicated his excitement for the arrangement, expressing that Kate is a characteristic fit for the organisation and will without a doubt contribute fundamentally to its continued success.
“We are thrilled to welcome Kate to the Jemena team and are confident she is a natural fit for our Group and will make a strong contribution to the business.
Kate has an impressive understanding of not only the energy sector but the challenges it faces – particularly in a financial context – as we work towards delivering on our net-zero ambitions,” said Gillespie.
Kate’s worldwide experience with the United Kingdom adds a worldwide viewpoint to her range of abilities.
Gillespie emphasised Webster’s profound comprehension of Environmental, Social, and Governance (ESG) structures in a monetary setting, building up Jemena’s obligation to sustainable and dependable strategic policies.
The company additionally holds interests in ActewAGL electricity and gas dissemination networks in the Demonstration, as well as United Energy, providing power to clients across south-eastern Melbourne and the Mornington Peninsula.
Established in 1995, Jemena is a key part of the Australian energy landscape, claiming and overseeing basic gas and power resources across the nation. These resources incorporate the Jemena Gas Network, the Eastern Gas Pipeline, the Queensland Gas Pipeline, the Darling Downs Pipeline System, Jemena’s Victorian power organisation, and the Northern Gas Pipeline.