- Author: Staff writers
- Posted: January 9, 2024
Jemena Energises Leadership with Kate Webster as Group CFO
In a power move, Jemena, the $12.4B energy infrastructure company that owns and manages some of Australia’s most significant gas and electricity assets, has appointed Kate Webster as its new Group CFO, following a highly competitive recruitment process.
David Gillespie, Managing Director of Jemena, expressed his excitement about the selection, underscoring Kate’s extensive experience in the energy and utility sectors. Gillespie stated, “We are thrilled to welcome Kate to the Jemena team and are confident she is a natural fit for our Group, poised to make a substantial contribution to our business.”
With a career spanning over two decades, Webster has played pivotal roles in the energy sector since 2001. Gillespie highlighted her recent position as CFO and co-CFO at CitiPower and Powercor, where she demonstrated exceptional financial leadership.
“Kate’s impressive understanding of the energy sector and her financial prowess, particularly evident during her tenure at CitiPower and Powercor, positions her as a valuable asset to Jemena,” Gillespie added.
Having held various finance leadership roles during her almost decade-long tenure at CitiPower and Powercor, Kate Webster has a proven track record of overseeing successful capital raising programs. Her experience extends beyond Australian borders, with notable international positions in the energy sector, including roles in the United Kingdom.
Gillespie emphasized Kate’s deep understanding of the financial challenges facing the energy sector, aligning perfectly with Jemena’s commitment to addressing these challenges as part of their journey towards achieving net-zero ambitions. He also highlighted her expertise in Environmental, Social, and Governance (ESG) frameworks, crucial for integrating sustainability into financial strategies.
Kate Webster is set to take on the CFO responsibilities for both Jemena and Zinfra, sharing the same parent company, starting in early 2024. This strategic move underscores Jemena’s dedication to fortifying its financial leadership, ensuring it stays resilient and forward-thinking in the dynamic energy landscape.
Jemena owns and operates a diverse portfolio of energy assets across the east coast of Australia and the Northern Territory. With more than $11.5 billion worth of major utility infrastructure, supplying millions of households and businesses with essential services.