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ActewAGL joint venture board

ActewAGL is made up of two partnerships. The ActewAGL Distribution partnership is a joint venture equally owned (via subsidiary companies) by Singapore Power Limited and by ACTEW Corporation Limited. The ActewAGL Retail partnership is a joint venture equally owned (via subsidiary companies) by AGL Energy Limited and by ACTEW Corporation Limited.

The board of ActewAGL is made up of three members appointed jointly by the Singapore Power and AGL-owned partners and three appointed by the ACTEW-owned partners.

The board governs the business of the ActewAGL Retail and ActewAGL Distribution partnerships on behalf of the partners. The obligations of members of the board are set out in the Umbrella Agreement, and members must perform their duties in good faith and in the best interests of the partnerships as a whole.

ActewAGL executive management team

The business of the partnerships is managed by the Chief Executive Officer, while the financial affairs of the partnerships are managed by the Chief Finance Officer. Both of these officers are appointed by the ActewAGL joint venture board on behalf of all the partners. In addition, ActewAGL Distribution has six divisions headed by general managers (the Chief Finance Officer is the general manager of the Finance and Resources division). They, together with the General Manager of ActewAGL Retail, all report to the Chief Executive Officer.

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