The former chairman of the Sustainable Business Forum will add to the credentials of a business which specialises in providing services to utility and property owners.
Oliver said: “Fastflow has already demonstrated its commitment to sustainability and shown an uncanny ability to grow exponentially during the recession, while remaining true to its core value of responsibility, both to clients and the environment, and that is why this position holds a particular fascination for me.”
Over the past four years the Fastflow Group has trebled turnover to more than £60m and has ambitious plans to continue to grow through organic growth and acquisition. It provides work for around 700 people.
Operating across the UK on major gas a water networks for clients such as Northumbian Water, Scottish Water, the National Grid and Anglian, it has deployed cutting-edge technology and a water mains cleaning system to minimise environmental impact.This won the award for innovation from the UK Society of Trenchless Technology.
The recent acquisition of DW Support Services diversified operations into the property management and maintenance sector. The same rigorous service standards are applied to the maintenance of more than 200,000 properties in the South of England, as well as planned repair, refurbishment and energy-saving solutions for major housing associations, London councils, government agencies, universities and NHS trusts.
Fastflow chief executive Neil Armstrong is a committed supporter of WaterAid, an international charity operating in some of the world’s poorest communities to provide clean water and improve sanitation. Fastflow has donated more than £250,000 towards Aid projects over the past decade.
Neil said: “We are delighted to welcome Oliver to the board. He shares our vision of a business which puts others first but is not afraid to make a profit in the process. He also brings with him an exceptional combination of business acumen and philanthropic experience and we hope to gain from both.
“We have been creating jobs as we grow and Oliver’s input will maximise the chances of this continuing.”
Oliver Rothschild has investments and interests worldwide and is an adviser to commercial, environmental, energy and charitable sectors.
He is chairman of Oliver Rothschild Corporate Advisors and holds non-executive director positions in various companies in the UK and Europe and sits on the advisory board of the Innovation Warehouse in London’s tech city.
Oliver is ambassador for UK Trade and Investment and a senior fellow of Essex University. He is active in a wide range of non-governmental organisations and charities and president of Acevo Solutions, the trading arm of the leading association of voluntary and charitable chief executive officers.
He is also patron of For the Love of China, Football for Peace, Flying Angels Foundation, Diversity UK, Tiny Tickers and the Anna Fiorentini Theatre and Film School.
As well as presenting for the BBC and Channel 4, he is ambassador for the International Emerging Talent Film Festival of Monaco and an international speaker on investment innovation, climate change and sustainability.
Fastflow is an independent business with more than 22 years experience in the water and gas sectors. It was acquired from Northumbrian Water by Neil Armstrong in 2005.
Its Pipeline Services division – based in Washington, Tyne and Wear – looks after almost 500 square miles of water networks for Anglian, Northumbrian Water and Scottish Water. Every day good water management is achieved through the use of trenchless technology, a fully computerised work management system and an award-winning trunk mains cleaning process.
Fastflow Energy Services is based in Warrington and provides a wide range of pipeline and above ground installation projects – mainly to National Grid - operating at up to 100 bar, using innovative, end-to-end solutions, welded steel pipelines and associated plant.
DW Support Services, which has offices in Oxford, London and Reading, provides property maintenance, repair and refurbishment services for housing associations, London councils, government agencies, management companies, schools, universities and NHS trusts.
A call centre team provides responsive day-to-day support for tenants and residential housing staff, co-ordinating a team of 300 people, delivering responsive repair as well as planned maintenance, refurbishment and energy saving solutions.