Andy Byford, who took the helm at TfL in June 2020, is to step down later this year after steering it through the worst crisis in its history.
Andy Byford, the Transport for London (TfL) chief who helped steer the capital's bus and Tube networks through the most financially precarious periods in their history, has resigned weeks after securing a new long-term funding deal.
Mr Byford's departure as TfL commissioner has been announced this morning.
His exit after nearly two-and-a-half years in the job will leave the London mayor, Sadiq Khan, searching for a successor who can build on the outgoing chief's legacy.
An industry source said on Wednesday evening that Mr Byford had notified the mayor of his intention to step down several months ago.
He is expected to leave before the end of the year.
The TfL commissioner's tenure saw him deliver the Elizabeth Line project - more commonly known as Crossrail - after years of financial and operational problems.
The 73-mile line is now carrying hundreds of thousands of passengers every day.
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