The British energy supply and services company that Perth-based SSE and Germany’s Innogy SE have agreed to form has named a chief financial officer designate.

Gordon Boyd has been appointed to the role at the new independent British energy supply and services company being formed by the mega-merger, subject to necessary shareholder and regulatory approvals.

Mr Boyd is the second appointment to the board of the new company, alongside Katie Bickerstaffe who was confirmed as chief executive designate in April.

He will take up his new role in July to help prepare for the formation and listing of the new company, which the firms say remains on course to take place in the last quarter of 2018 or first quarter of 2019.

Mr Boyd has gained experience in the energy sector and in major listed companies over more than 30 years. He joined the energy sector in 1989 and has held a variety of senior finance positions, including roles at British Energy and EDF Energy. He also oversaw the initial public offerings of Drax and Infinis.

Alistair Phillips-Davies, chief executive of SSE plc, said: "This appointment represents another important milestone on the journey to establishing a new, independent player in the British energy supply and services market."

Mr Boyd said: "This is an exciting time to be planning the formation and listing of a major new player in the energy and services market and I'm delighted to join the new leadership team.”

The proposed combined retail company will be listed on the premium segment of the London Stock Exchange. It will not be controlled by either Innogy or SSE. Innogy will hold a minority stake of 34.4 per cent in the combined retail company. SSE will demerge its stake of 65.6 per cent to its shareholders on completing the transaction.