Transurban appoints interim CFO

Toll road operator Transurban has promoted from within as its chief financial officer (CFO) is due to step down next month.

Tom McKay, current general manager for treasury and capital markets at Transurban, will step into the CFO role on an interim basis from 13 November 2020, when incumbent Adam Watson is due to leave the company.

McKay has over 30 years’ experience in capital markets and joined Transurban in 2016 from Oil Search, where he was general manager of treasury, tax and insurance. He has previously worked in a similar role at Leighton Holdings and has also been a director at Deutsche Bank’s project finance and advisory division, as well as head of corporate and institutional banking at HSBC.

Transurban said it will undertake a “global search” for a permanent CFO to replace Watson.