Tim Ringsdore had been fulfilling the interim role since May last year.
It followed the break-up of CICRA to form separate authorities for Jersey (JCRA) and Guernsey (GCRA) last year.
The JCRA board said it prioritised expertise and leadership skills in the search for a new CEO – a process that was overseen and approved by the Jersey Appointments Commission.
“Tim’s unique combination of skills and experience of Jersey is an excellent match for the JCRA and he is ideally positioned to lead the organisation through this critical period and into the future,” Chair Stephanie Liston commented.
“This is an exciting time for the Authority as we develop our team and follow a refocused direction to deliver our services in the best interests of all stakeholders – Government, business, citizens and consumers.”
On his appointment, Mr Ringsdore said: “As a Jerseyman I am very proud to lead this important Authority; I have a great team and a talented, supportive Board. I am confident that together we will continue to ensure that there is healthy competition across the Island, which will help grow the economy through these difficult times, benefiting all Jersey citizens.”
Economic Development Minister Senator Lyndon Farnham added: “I warmly welcome Tim’s appointment and would like to thank him for the excellent work he has led during the recent transition period. I look forward to this refreshed, Jersey-focussed Authority working in the best interest of markets and consumers.”