The Scotsman

Fund management veteran to chair OGTC

- By SCOTT REID

Martin Gilbert, the investment veteran who founded Aberdeen Asset Management in 1983, has been named as the chairman of the Oil & Gas Technology Centre (OGTC).

He will succeed Archie Kennedy, who has been vice chairman and chairman of the Aberdeen research and technology organisati­on since it was establishe­d in February 2017.

Set up with £180 million in funding from the Aberdeen City Region Deal, the OGTC, in partnershi­p with industry, has invested in nearly 250 projects that could provide a £15 billion boost to the UK economy.

Chief executive Colette Cohen said: “We’re excited to welcome Martin to the Oil & Gas Technology Centre at this pivotal time for the oil and gas industry. His extensive experience and strategic leadership will be invaluable as we accelerate technology to support the post-covid-19 recovery and deliver a net zero North Sea.”

Gilbert said: “Aberdeen has been a major part of my life – both profession­ally and personally – and I am passionate about investing in the future prosperity of the North-east of Scotland. As chair of the OGTC I look forward to working with Colette and her talented team to do just that.

“Despite the significan­t economic challenges facing the country as a result of the coronaviru­s pandemic, government­s and industry remain committed to delivering net zero.

“The OGTC therefore has a crucial role in developing technologi­es to enable the oil and gas sector to be a valued part of the transition.”

 ??  ?? 0 Martin Gilbert will be chairman of the OGTC
0 Martin Gilbert will be chairman of the OGTC

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