OVO signals renewed focus on zero carbon living with two new executive appointments

Thursday 10th November 2022: OVO, the UK’s third largest energy supplier, has redoubled its commitment to zero carbon living with the appointment of two senior executives to drive progress in this area for customers.

Today OVO announces the appointment of Mat Moakes as Chief Commercial Officer and Ido Padani as VP of Growth, both of whom will have key responsibilities in driving forward energy efficiency and carbon reduction in the home.

Mat joins the leadership team as Chief Commercial Officer, in which he will be responsible for driving progress to zero carbon living and Home Services acceleration. Mat brings with him a wealth of experience in high growth businesses – the online car buying platform heycar as Group Chief Commercial Officer and as Local Heroes Director at Centrica where he led the scale-up of Local Heroes.

To support Mat with a combined portfolio of Growth and Propositions, Ido Padani will join OVO as VP of Growth. Ido is an entrepreneur and has experience as an investor in startups. He has previously worked for Quidco, Expedia and Marriott International. At Quidco Ido was Chief Commercial Officer, responsible for all commercial and member engagement functions.

Mat joins OVO in December with Ido starting in January 2023. The news follows recent leadership appointments including Dan Burdett, who joined in July as Chief Customer Officer, and Alex Doorey who started in September as VP Corporate Affairs.

Commenting on the appointment, Raman Bhatia, CEO of OVO, said:

“Mat and Ido both have a wealth of experience in delivering highly impactful, digitally focused propositions and we’re delighted to have them join OVO at a time when customers need support with cost of living and making their homes more energy efficient.”

Mat Moakes said:

“OVO has all the ingredients, scale and fast paced culture to create an awesome growth business that can win for customers, the environment and commercially and I’m really excited to get started.”

Ido Padani said:

“I couldn’t be more excited to join the impressive team at OVO and take part in helping drive the zero carbon living strategy.”

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Notes to editors

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About OVO

OVO was founded in 2009 and redesigned the energy experience to be fair, effortless, green and simple for all customers. OVO was awarded Company of the Decade at the BusinessGreen Leaders’ Awards and has won multiple awards, including Innovation Project of the Year, for investing in the market leading technology, customer service operations and digital products to help customers cut their carbon emissions. OVO is on a mission through its sustainability strategy Plan Zero to tackle the most important issue of our time; the climate crisis, by bringing our customers with us on the journey towards zero carbon living. OVO Energy has committed to being a net zero carbon business and achieve bold science-based carbon reduction targets, while helping customers reduce their household emissions at the same time.