The establishment of the Electricity Corporation of New Zealand in 1987 from the former Electricity Department resulted in the creation of five separate business units. Stewart assisted in developing the outsourcing framework used to manage the entire operation, maintenance and capital works of Transpower New Zealand Ltd, the transmission asset unit. Stewart will speak on this process and his current position as CEO of OPTIMAL, a joint venture between Transpower and ALSTOM New Zealand, a maintenance and construction services provider. OPTIMAL’s prime focus is to assist asset owners and service providers worldwide to customize and implement network manage-ment solutions that are appropriate for their environment. Strategic Outlook