The finance director of London Overground Rail Operations Limited, Peter Austin, has been moved up to head the organisation as managing director.
An experienced rail strategist, Peter Austin started his career with KPMG as a trainee accountant in 1989 after reading a BSc in Geography and Economics at Reading University. Peter moved on to work for Reuters and was seconded to Geneva in Switzerland for three years.
In June 2001 he joined the Strategic Rail Authority working on short term franchise negotiations. In 2004 he went to work for Laing Rail and three years later became finance director of London Overground. LOROL – London Overground Rail Operations Limited – is a joint venture between MTR and Arriva.
In his new role Peter will be reporting to Jeremy Long who chairs LOROL and is also chief executive of MTR. LOROL’s former managing director, Steve Murphy, was appointed Chief Operating Officer of Arriva UK Trains in January 2013.
Says Steve, ‘Peter has demonstrated strong financial stewardship and leadership across all areas of the business, and has made an outstanding contribution to the success of LOROL. He has a wealth of experience and the skills needed to develop the business and to ensure that we continue to deliver quality rail services for our customers.’