{"id":278119,"date":"2025-09-04T18:52:38","date_gmt":"2025-09-04T08:52:38","guid":{"rendered":"https:\/\/railuk.com\/?p=182226"},"modified":"2025-09-04T18:52:38","modified_gmt":"2025-09-04T08:52:38","slug":"tfls-chief-finance-officer-to-retire-in-february","status":"publish","type":"post","link":"https:\/\/www.vibewire.com.au\/?p=278119","title":{"rendered":"TfL\u2019s chief finance officer to retire in February"},"content":{"rendered":"

\"\"<\/a><\/p>\n

Rachel McLean, Transport for London\u2019s (TfL) chief finance officer (CFO), will be retiring from TfL in February 2026.<\/p>\n

Her stellar career shaping London’s transport network has seen her play a central role in enabling TfL to achieve an operating surplus for the first time in its history, securing the first long-term capital funding agreement with Government since before the pandemic and delivering the game-changing Elizabeth line.<\/p>\n

Rachel was appointed as TfL\u2019s CFO in October 2022 and was previously the CFO for Crossrail and finance director for operations, having re-joined TfL in January 2020 from the Ministry of Housing, Communities, and Local Government where she was a board member and the director general – CFO.<\/p>\n

Rachel was also previously the director of planning, performance, and finance at HMRC Customer Services.<\/p>\n

London\u2019s Transport Commissioner, Andy Lord said: \u201cRachel\u2019s retirement marks the close of an extraordinary chapter. Over her tenure she has led TfL to its first-ever operating surplus, delivering this milestone for two consecutive years, and with a third year of surplus set as our budget for this year.<\/p>\n

\u201cShe has also been instrumental in securing a long-term capital funding agreement with the Department for Transport (DfT) – a transformative achievement that will support our future ambitions. This, and her work to deliver Crossrail, leaves a lasting legacy for London.<\/p>\n

\u201cRachel\u2019s ability to influence and engage stakeholders at every level has been a defining strength. Her clarity, credibility, and calm leadership have earned trust across both central and local government, industry, and within our own teams – helping us navigate complexity with confidence.  We wish her a happy and fulfilling retirement.\u201d<\/p>\n

Rachel said: \u201cIt has been an immense honour and privilege to play a small part in the success of TfL and this wonderful, vibrant city we serve. Even though I am retiring, I am confident that the exceptional leadership and committed teams working at TfL will make even greater progress in the months and years ahead.\u201d<\/p>\n

TfL will now commence a recruitment process to appoint a successor to the role.<\/p>\n

Image credit: TfL<\/p>\n","protected":false},"excerpt":{"rendered":"

\"\"<\/a>Rachel McLean, Transport for London\u2019s (TfL) chief finance officer (CFO), will be retiring from TfL in February 2026. Her stellar career shaping London\u2019s transport network has seen her play a central role in enabling TfL to achieve an operating surplus for the first time in its history, securing the first long-term capital funding agreement with [\u2026]<\/p>\n","protected":false},"author":13,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[8202,16017,16014,47,85],"tags":[],"class_list":["post-278119","post","type-post","status-publish","format-standard","hentry","category-company-news","category-industry-news","category-people-moves","category-rail-news","category-uk"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t