Fund management veteran Martin Gilbert to chair Aberdeen's OGTC

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).

Martin Gilbert will be chairman of the OGTC. Picture: Graham Flack

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

Established 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.”

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