Chris Bolt has been appointed by the Committee for Economic Development as the new Chair of the Guernsey Competition & Regulatory Authority (GCRA), formally demerged from the umbrella organisation Channel Islands Competition and Regulatory Authorities (CICRA).
Mr Bolt has extensive regulatory and competition experience, having held a number of senior policy and regulatory positions with UK public and private utility companies and other organisations. For the last ten years he has been Regulation Adviser to Bryan Cave Leighton Paisner LLP and is the UK Monitoring Trustee for Eurostar commitments to the European Commission.
Announcing the appointment, which is effective from 1st July 2020, the President of the Committee for Economic Development Deputy Charles Parkinson said, “I am delighted to announce that the new Chair of the GCRA is Chris Bolt. Chris will bring to Guernsey a wealth of knowledge and experience that will undoubtedly lead to a positive development of our competition and regulatory framework at a time when the Island is facing fresh economic challenges. The leadership and guidance that Chris can share with the GCRA team is critical to forging a new direction for the organisation, building on its credibility with all of its stakeholders and engendering trust in the delivery of its remit”.
Chris Bolt commented, “I am looking forward to working with the regulatory and competition law team in Guernsey. We have a strong Board, an experienced and accomplished team of officers and a well-founded reputation for a pragmatic and fair approach. I know that we will work well together and create a Regulator of the highest possible standards of probity and reasonableness to ensure the Island’s economy operates fairly and in the best interests of consumers”.