The UK’s oil and gasoline business regulator, the Oil and Gas Authority (OGA), has named two new non-executive administrators to its board.
OGA stated final week that Iain Lanaghan would take his place on the board on the finish of April 2020 and that Sarah Deasley would be part of the board in October 2020 following the retirement of Robert Armour on the finish of September.
OGA’s chairman, Tim Eggar, stated: “I’m delighted to welcome Iain and Sarah to the board, they bring about with them excellent expertise and the stability of expertise that we have to proceed to help the UK’s oil and gasoline business at this significant time in its historical past.
“The COVID pandemic, the worldwide oil worth fall, and the necessity to assist clear up the local weather disaster current the Industry with a mix of unprecedented challenges. The OGA is dedicated to doing the whole lot we are able to to help the business, the provision chain, the federal government and the broader group at this terribly troublesome time”.
Lanaghan is presently
a non-executive director of Scottish Water and the UK Government’s Defence
Equipment & Support Agency (DE&S).
early profession in audit and consultancy, he undertook senior finance roles a number of
firms together with serving as group finance director for FirstGroup and as CFO
of PowerGen International, in addition to being the CFO at Faroe Petroleum.
non-executive director and advisory expertise is in depth and features a
vary of firms concerned within the power sector like Cabot Energy,
CO2DeepStore, and Blaze Manufacturing Solutions.
is a director of Frontier Economics, certainly one of Europe’s largest economics
consultancies, the place she focuses predominantly on the power sector. She is
additionally a trustee of Sustainability First.
Before becoming a member of
Frontier Economics, Sarah labored for PwC and the Office of Electricity
Regulation – now OFGEM. Sarah brings a wealth of expertise of the power
sector, together with its regulatory processes and the alternatives offered by
the problem to attain Net Zero within the UK by 2050.
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