Network Rail Consulting Welcomes Rachel Maguire as Finance Director

London, 1st July 2024 - Network Rail Consulting (NRC) is pleased to announce the appointment of Rachel Maguire as its new Finance Director effective 1st July 2024. With over 20 years of extensive experience in finance both in the UK and internationally, Rachel brings a wealth of expertise to NRC.

Rachel takes over from Andrew Noble who will formally retire on 31st July 2024. Rachel joins NRC from Linxon, an AtkinsRéalis and Hitachi Energy company, where she held the role of Europe Regional Controller. As part of the leadership team, the role contributed to the growth and strategic development of the business, P&L performance through project delivery, and management of the finance function based across the UK, Switzerland, Germany and India.

Throughout her career in the UK and internationally with Atkins, she has supported professional services (design and project management), consultancy and engineering projects, in the energy, transportation and environment sectors. She has extensive experience in steering financial improvements, M&A integration, FP&A reporting, directorship and controllership, and the development of high performing regional finance teams.

Rachel Maguire commented: "I am very excited to be joining the global leadership team at Network Rail Consulting in support of the rail professionals who bring value to our clients through their expertise and commitment to project delivery. I look forward to building great business relationships, making a real impact within the organisation, and collaborating with the regional leadership teams to achieve our financial strategic goals."

Nigel Ash, Global Managing Director for Network Rail Consulting, added: "Firstly I would like to thank Andrew Noble for his contribution to the business over the last 6 years and wish him a happy retirement. I am also very pleased that we have attracted someone of Rachel’s calibre and experience to replace Andrew. I am confident Rachel will add significant value to the business over the coming years".

-ENDS-

For further information, contact: Sam Clarke, [email protected]

Notes to Editors

About Network Rail Consulting

• Network Rail Consulting is a wholly owned subsidiary of Network Rail and was established in 2012 to benchmark Network Rail’s capabilities in the international market and enhance the capabilities of its staff through international experience which could then be deployed back into its UK operations.
• Whilst Network Rail is a Public Body and funded by the UK Government, Network Rail Consulting is funded through its commercial operations and is classified as a Public Corporation.
• The governance of Network Rail Consulting is through its holding company, Network Rail International Ltd. The Network Rail International Ltd board of directors comprises Jeremy Westlake (non-executive chair), Nigel Ash (global managing director), Andrew Noble (finance director), Neil Reynolds (non-executive director), Mark Prior (non-executive director) Ian Dobbs (non-executive director).
• Network Rail International Ltd has subsidiaries in Australia, Canada, UK and the USA; and operates from offices in Boston, Brisbane, London (HQ), Melbourne, New York, Riyadh, Sacramento, San Francisco, Sydney, Toronto and Washington D.C.
• Network Rail Consulting is selling the full range of rail expertise available within Network Rail including advisory services, strategic planning, major projects, including systems integration and project and programme management, railways operations, including timetabling and operational modelling; and asset management and maintenance.

More information can be found at www.networkrailconsulting.com or you can download the Network Rail Consulting Fact Sheet here.

About Network Rail

Network Rail owns and operates Britain’s rail infrastructure network – one of the world’s most intensively used rail networks. Our network is the fifth busiest rail network in the world and the second busiest in Europe. We:

• Provide a safe and efficient national railway network that carries over 1.8 billion passenger journeys, 15.7 billion tonne kilometres of freight;
• Own, repair and develop 20,000 miles of track, 30,000 bridges, tunnels and viaducts and thousands of signals;
• Operate 20 major stations and own 2,500 other stations, which are leased to train operators;
• Employ 42,000 people in asset management, operations, maintenance, renewals, and enhancement projects; and
• Have a capital expenditure of £6bn per annum.