The CEO of Crossrail – the east-west rail link project through London, Rob Holden has decided to quit his job apparently due to excessive bureaucracy.
The £15 billion project will be one of Europe’s largest and will change the way people travel along the heavy traffic routes from Heathrow Maidenhead in the west to Shenfield and Abbey Wood. Mr. Holden decides to move out when Crossrail has already executed nearly all important contracts, including the construction of two 21 KM long tunnels through London.
Mr. Holden was brought on board because of his key role in executing the £5.8 billion project ‘High Speed One’ – the high speed rail link connecting London and Channel Tunnel.
Stating the he will leave by this year, he said the project needed somebody who will stay put till the project is completed by 2018.
“I leave Crossrail confident that, with its funding firmly in place, a robust delivery plan, clear governance and a strong delivery team, Crossrail is now well set to move forward to a successful launch”, he said.
People close to him said that excessive controls frustrated him as he enjoyed far more independence with this previous employer ‘London & Continental Railways’ – builder of High Speed One.
Project funding partners and Transport for London – Crossrail’s owner, are deeply involved in the project execution. “I think he might have found it a bit of a frustration because there are a lot of partners involved,” one official said. “But it’s an important part of the job to work with all of those partners”, he added.
Regretting Mr. Holden’s departure, Crossrail Chairman Terry Morgan said: “He leaves the project in great shape”.
Mr. Holden may be succeeded by Chief Executive of London & Continental Railways, Mr. Mark Bayley.