Saturday, March 19, 2011

Former High Speed One boss in line to take over �15bn Crossrail project

Mark Bayley joins longlist of candidates to replace Rob Holden

The chief executive of the company behind High Speed One and former senior executives at Network Rail and BAA have emerged as serious contenders to run London's �15bn Crossrail project.

Mark Bayley, the chief executive of government-owned London & Continental Railways (LCR), is on the longlist to replace Rob Holden as the boss of one of the world's largest infrastructure schemes. It is also understood that Bayley is joined on the list by a strong internal Crossrail candidate, Andrew Mitchell. Mitchell gained plaudits within the rail industry as the programme director for Network Rail's multibillion-pound revamp of the Thameslink rail route through central London.

A source close to the process said other contenders included Tony Douglas, chief executive of Abu Dhabi Ports and former boss of Heathrow airport; Howard Shiplee, director of construction at the Olympic Delivery Authority; Ian Galloway, director at CLM, the Olympics delivery partner; and Ailie MacAdam, who is overseeing the central tunnelling and stations section at Crossrail.

Crossrail represents a formidable engineering challenge for its new chief executive, with the most difficult work yet to begin. The project to build a rail link from Maidenhead in the west via Heathrow Airport to Canary Wharf and Shenfield in the east includes boring 21km of tunnels underneath the capital. The finished route will include eight new underground stations and four new overground lines, including a connection to Heathrow Airport. The majority of the cost will be funded by the taxpayer.

Bayley's candidature could establish a trend of LCR executives moving to Crossrail, after Holden quit as boss of LCR in 2009 to head the project. Bayley helped rescue High Speed One, then known as the Channel tunnel rail link, when he was finance director of LCR between 2003 and 2009. Following the sale of the High Speed One franchise and the reorganisation of LCR's stake in train operator Eurostar, Bayley is stepping down at the end of the month.


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Source: http://www.guardian.co.uk/business/2011/mar/20/crossrail-candidates-longlist

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