Sir David Higgins has been announced as the new chairman for HS2 Ltd.
He will assume the role on January 1st next year on a part time basis - fully assuming the position from March - after current chairman Doug Oakervee stands down.
Mr Oakervee's remaining time will overlap with the government's Hybrid Bill - which will help gain parliament's approval for the first phase of the project.
Sir David said: "HS2 presents a strategic opportunity for this country and I am determined to make sure we take it by delivering a railway that will allow business and communities to prosper in the long term."
He said his first priority as chairman will be to scrutinise the expenses and keep them under control.
The transport secretary of state Patrick McLoughlin praised Sir David's previous experience as a chief executive for Network Rail and working on the Olympic Delivery Authority.