Name
Dr Tim Stone CBE
Job Title
Chair
Company
Nuclear Industry Association, Nuclear Risk Insurers
Speaker Bio
Tim is the Chairman of the Nuclear Industry Association and also the Chairman of Nuclear Risk Insurers. He is a non-executive member of the Arup Group Board and a non-executive director of Horizon Nuclear Power and was, until March 2019, a member of the Wylfa Newydd site licence company board and chaired the Risk and Audit Committee. From 2003 to June 2018 he was the longest serving member of the Board of the European Investment Bank & from 2011 – 2015 he was a non-executive director of the Anglian Water Group. He is a member of a number of advisory boards for infrastructure investors, funds and advisory firms. He was the one foreign member of the Expert Advisory Committee of the Royal Commission on the Nuclear Fuel Cycle established in 2015 by the government of South Australia, having been an advisor to the South Austrlian Government on a variety of infrastructure projects since 2001, including advising the Treasurer on the New Royal Adelaide Hospital, which is the largest hospital in the Southern Hemisphere.

Until 2013, Tim was the Expert Chair of the Office for Nuclear Development in DECC and the Senior Advisor to successive Secretaries of State responsible for energy. He served five different Secretaries of State in two different governments over nearly 7 years. During this period he conducted a formal review of the nuclear safety regulator,
then the Nuclear Installations Inspectorate, and his recommendations were entirely accepted by the Government and resulted in the creation of the Office of Nuclear Regulation. He also worked on carbon capture and storage, tidal and wind power both in terms of policy and financing
and continues to support all forms of low-carbon energy which are safe and efficient in terms of system cost to the national economy.

His previous career was as the Chairman and founder of KPMG’s Global Infrastructure and Projects Group. During this time he was a member of DEFRA’s Sustainable Procurement Taskforce and a member of London First’s Infrastructure Commission and he led the Rail Review in 2004 for the Department of Transport and H.M. Treasury.