Leadership change at Aurizon

Aurizon has appointed Pam Bains to the position of group executive network.

Bains will take up the role from March 9, 2020.

Bains comes to the role as chief financial officer and group executive strategy at Aurizon, a position she has held since December 2016.

Bains will oversee Aurizon’s implementation of the UT5 Undertaking, said Aurizon managing director & CEO, Andrew Harding.

“The new UT5 Undertaking provides long-term regulatory and investment certainty for the Central Queensland Coal Network, Australia’s largest coal supply chain. In addition, there is major opportunity to drive further improvements in supply chain performance and operational efficiencies for the mutual benefit of industry. Pam is absolutely the right person to unlock these opportunities and grow value for Aurizon customers and shareholders,” he said.

Currently, Bains has been responsible for central finance functions and manages enterprise targets and valuation. Previously, Bains was involved in Aurizon’s initial public offering and listing on the ASX, capital restructuring, and separation of Aurizon’s Network business.

“In her current role, Pam has led the development and implementation of Aurizon’s strategic plan ‘Strategy in Action’ including the implementation of a new corporate structure. Pam was previously the Vice President Finance for Aurizon Network and has a deep understanding of the regulatory environment in which the Network business operates,” said Harding.

Head of strategy and corporate development George Lippiatt will act as CFO and group executive strategy for Aurizon while recruitment for the role is completed.