Rachel McLean was appointed TfL’s Chief Finance Officer (CFO) in October 2022. She is responsible for the overall TfL Budget, funding and business enabling processes. She will drive cost efficiency across the entire organisation, including through supply chain transformation.
Rachel was previously the CFO for Crossrail and Finance Director for Operations, having re-joined TfL in January 2020 from the Ministry of Housing, Communities, and Local Government where she was a Board Member and the Director General – Chief Financial Officer. She has also been the Director of Planning, Performance and Finance at HMRC Customer Services.
Rachel has a wealth of experience in both the private and public sectors and previously worked for TfL for nine years in senior asset management and finance roles. She is a Fellow of the Chartered Institute of Management Accountants and a Member of the Chartered Institute of Public Finance and Accountancy.
She is also a non-Executive Board member and Chair of the Audit & Risk Assurance Committee at Sellafield Ltd.