Former Turks and Caicos Energy and Utilities Commissioner Malike Cummings has been appointed as the new chief executive officer at utilities regulatory OfReg.
He took up office this month.
He replaced former CEO JP Morgan whose contract came to an end in August last year.
Since Morgan’s departure, OfReg’s chief fuels inspector Duke Munroe and the regulator’s executive director of energy and utilities Gregg Anderson were operating as acting CEOs on a rotational basis.
According to an OfReg media statement on Thursday, the incoming CEO was “instrumental in the development of a number of policies and revision of archaic regulatory frameworks where previously none existed; drafting new water and sewerage policies and a draft national energy policy for the TCI”.
He spent 10 years in regulation, the release added.
Cummings said he hoped to build on OfReg’s “work and vision to provide safe, reliable and fairly priced energy and utilities for consumers in the Cayman Islands”.
He said the most crucial aspect of the role “is to find and maintain a balance between the interests of the consumer and those of the service providers”.
Chairman of the Board of OfReg Linford Pierson welcomed the new appointment.
“I believe that we have someone with both the vision and the understanding of the principles of regulation to successfully drive the Cayman Islands towards a more prosperous future, where everyone benefits from robust competition in the markets, investment in infrastructure and innovation, and a regulatory framework that ensures the safety and well-being of us all,” Pierson said.