Chris Walters was appointed interim Chief Executive of Ofwat in August 2025. Chris joined Ofwat in June 2023 as Senior Director for the Price Review and became an Executive Member of Ofwat’s Board.
He led the development and delivery of the 2024 Price Review (PR24), which sets the price, service, and incentive package for water companies from 2025 to 2030. Chris brings extensive public sector leadership experience, with a strong background in economics and economic regulation.
Before joining Ofwat, Chris was Director of Pricing and Costing at NHS England, where he oversaw national policy and implementation on healthcare pricing. Earlier in his career, he held senior roles at the Competition and Markets Authority (CMA) and the Office of Fair Trading (OFT), including serving as Chief Economist. He has also worked as a management consultant and academic.
Chris holds a PhD in econometrics from London Business School, and degrees in economics from the London School of Economics and the University of London.