The FINANCIAL — EY announces the appointment of Benoit Laclau as the Global Power & Utilities Leader, overseeing EY’s global network of 4,400 sector professionals.
Laclau comes to this position after serving as the organization’s Global Power & Utilities Advisory Leader. He has more than 20 years of consulting and sector experience advising leading global utilities on business transformation; market entry strategies; IT transformation and cost reduction; smart metering; and customer and billing systems transformation, according to EY.
He takes charge at a time of immense change in the sector as shifting demand patterns, increased generation from renewables, more empowered customers, smarter grids and new technologies create new challenges and opportunities for utilities.
Laclau says: “The traditional utility business model is changing before our eyes. How energy is produced, who generates it and how it is bought, sold and distributed is evolving. I look forward to shaping our global response to our client’s changing needs and continue to build on the support we provide to companies around the world as they undergo immense transformation and create a lasting legacy for the future.”
Laclau succeeds Alison Kay who occupies the role of Global Vice Chair, Industry, at EY. He will continue to work as a senior advisory partner to several clients.