Myriam Madden has been confirmed as non-executive director and chair of the audit committee at the Office of Gas and Electricity Markets (Ofgem).
Madden has held senior executive finance and operational positions in global technology companies, financial services in the UK, US and Europe, as well as the public sector. An experienced executive director, Madden specialised in business transformation, operational re-structuring and finance in both the private and public sectors.
She is a chartered management accountant and a board member of the International Ethics Standards Board for Accountants (IESBA). She is also a board member of Home Group, chairman of its Scottish subsidiary, a board member of the Traverse Theatre and chairman of its audit committee.
Madden previously served as a non-executive member of the audit and risk assurance committee of the Department for Business, Energy and Industrial Strategy (BEIS). She was also a board member of the American Institute of Certified Public Accountants and president of the Chartered Institute of Management Accountants, both global accounting bodies.
Ofgem is a non-ministerial government department and an independent National Regulatory Authority. Its principal objective when carrying out its functions is to protect the interests of existing and future electricity and gas consumers by promoting value for money, promoting security of supply and sustainability, and monitoring the development of markets and competition.
