Steve Best Joins LOROL As Finance Director

London Overground Rail Operations Limited (LOROL), train operating company for the London Overground, is pleased to announce the appointment of Steve Best as Finance Director with immediate effect. Steve takes over the role from Peter Austin who was appointed Managing Director in January 2013.

Steve joins LOROL from the City Link division of Rentokil Initial plc group of companies where he was Divisional Finance Director and played an instrumental part in establishing the strategic priorities and driving improvements to financial results. Steve brings with him more than 16 years of finance experience in a range of industries such as rail, business services, parcel delivery and technology, including Invensys plc where he worked for six years.

Commenting on the appointment, Managing Director Peter Austin, said: “Steve brings with him senior level expertise from a range of highly professional organisations where he has demonstrated commercial and strategic financial acumen in the delivery of strong results. I am confident Steve will play a key role in helping us to continue to deliver our ambitious high levels of service and performance in what is a challenging and competitive marketplace.”

Steve Best, Finance Director, said: “I am looking forward to supporting LOROL in delivering its plans. I believe that my experience in delivering effective finance business partnering within a strong control environment will enable all areas of the business and functions at LOROL to successfully grow and exceed targets.”