Nonexecutive Director for Utility Capital Investment Oversight
Greece·Energy & Utilities·Municipal and regional infrastructure· Athens·Posted 3 August 2026
Applications close 23 December 2026
Municipal and regional infrastructure
The problem this seat exists to solve
A utility is accelerating network and treatment infrastructure spending after years of deferred renewal. The director will help the board assess project prioritisation, procurement discipline and delivery readiness so scarce capital addresses the most material service and asset risks. You will challenge the evidence used to prioritise renewal projects, including asset condition, service impact and affordability.
At investment approval
- Review project business cases for scope definition, contingency, delivery capacity and funding dependencies.
- Scrutinise procurement governance and management reporting on change orders, delays and cost escalation.
Across the whole programme
You will ensure the board sees the cumulative exposure across the capital programme rather than isolated project updates. You will review post-completion evidence that investment delivered the expected service or asset performance improvement.
Review milestones
**First quarter.** Establish board visibility of the capital portfolio and its largest delivery risks.
**Within six months.** Complete a deep review of a major project and the programme’s governance arrangements.
**Within twelve months.** Assess delivery predictability and benefits verification against the approved investment plan.
Technical and financial judgement
The role requires utility governance experience, understanding of capital programme economics and ability to challenge engineering and finance leaders constructively.
Additional useful experience includes experience with publicly accountable procurement, infrastructure funding or oversight of distressed capital projects.
How the director serves
This is a nonexecutive appointment. The director contributes through the chair to collective board decisions and oversight; management retains responsibility for execution.
An initial three-year appointment is envisaged, with approximately eighteen to twenty-four days annually for meetings, preparation and committee work. Start date, remuneration, travel and on-site attendance will be agreed for the appointment.
Terms
- Where the board sits
- Athens, Greece
- Applications close
- 23 December 2026
- Appointment
- Board appointment
- Engagement
- An initial three-year appointment is envisaged, with approximately eighteen to twenty-four days annually for meetings, preparation and committee work.
- Cross-border
- International candidatures are accepted.
- Time commitment in this market
- A regular board cycle through the year plus committees; the statute requires at least two independent directors to attend meetings that approve the financial statements.
Before you apply — Greece
No nationality or residency test applies to a director of a Greek société anonyme. The constraint is the statutory independence test, which disqualifies some candidates who would be independent elsewhere.
- Residency test
- None.
- Nationality test
- None.
- Work authorisation
- A non-executive director attending board meetings does not need Greek work authorisation. Executive roles for non-EU nationals require a residence permit for work.
- Tenure limit once appointed
- Nine financial years' cumulative service on the board of the company or its related companies — a statutory limit under Law 4706/2020 art. 9, not a code recommendation.
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