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Urenco appoints Justin Manson as Chairman

17 June 2024

Urenco, an international supplier of uranium enrichment services, announces that Justin Manson will succeed Stephen Billingham CBE as Chairman of the Board on 1 July 2024.

Justin brings a wealth of business, finance and government experience to the role. He has been a non-executive director of Urenco since 2016, serving on the Audit and Remuneration Committees as well as being Chair of the Sustainability Committee.

He is a non-executive director of Gasrec, the largest supplier of bio-LNG and LNG to the heavy goods vehicle industry in the UK. He was a Senior Adviser and interim Chief Executive of UK Government Investments, (a company wholly-owned by the UK Treasury) and a non-executive director of UK Export Finance. Previously, Justin was a Senior Adviser and Managing Director of Morgan Stanley, where he advised multinational companies as well as governments on financing and mergers and acquisitions. 

Commenting on his appointment, Justin said: “I look forward to working with the Board and management of Urenco, a company at the heart of the global nuclear energy industry and which plays a key role in ensuring security of supply and fulfilment of climate change goals. This is an exciting time for Urenco as it expands operations in its core business at each of its sites and develops advanced fuels capacities as well as stable and medical isotopes.”

Justin’s successor as non-executive director of Urenco will be appointed and announced in the coming weeks.

Stephen Billingham served on Urenco’s Board for almost 15 years, from 2016 as Chairman, and prior to that, as a non-executive director. He has been one of the longest serving directors in the company’s history. The Board of Urenco greatly appreciates and thanks Stephen for the significant contribution he has made.

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About Urenco

Urenco is an international supplier of enrichment services and fuel cycle products with sustainability at the core of its business. Operating in a pivotal area of the nuclear fuel supply chain for 50 years, Urenco facilitates zero carbon electricity generation for consumers around the world.

With its head office near London, UK, Urenco’s global presence ensures diversity and security of supply for customers through enrichment facilities in Germany, the Netherlands, the UK and the USA. Using centrifuge technology designed and developed by Urenco, and through the expertise of our people, the Urenco Group provides safe, cost effective and reliable services; operating within a framework of high environmental, social and governance standards, complementing international safeguards.

Urenco is committed to continued investment in the responsible management of nuclear materials; innovation activities with clear sustainability benefits, such as nuclear medicine, industrial efficiency and research; and nurturing the next generation of scientists and engineers.

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