MEMBER NEWS: ASCO appoints new chief financial officer

July 3, 2023
MEMBER NEWS: ASCO appoints new chief financial officer

ASCO, the global integrated logistics and materials management company, has appointed Tony Wright as its new Group Chief Financial Officer (CFO), effective from the 1st of July, following the retirement of Gary Paver.

Tony is an experienced financial professional with over 25 years of expertise in senior roles within the energy and construction sectors across the UK, Middle East, South East Asia and Africa. Most recently, Tony was Executive Director and Group CFO of Lamprell PLC, a prominent energy construction and fabrication company based in the United Arab Emirates (UAE).

Commenting on his appointment, Tony said: “I am pleased to join ASCO at such an exciting time, a company that actively promotes the energy transition and prioritises environmental, social, and governance (ESG) considerations. ASCO has a strong reputation, and I firmly believe it is well positioned to take advantage of the opportunities in both its current and emerging markets.”

Peter France, ASCO’s Group CEO, said: “It has been my pleasure to work closely with Gary over the last three years, and I would like to take this opportunity to thank him for his contribution to the growth of ASCO during this period.

“Tony’s extensive financial background and proven industry track record makes him a valuable asset to our team as we continue to strengthen the business and support the energy transition.”

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AREG has played an important role in the growth of Scotland’s renewable energy sector, engaging the supply chain and developing the European Offshore Wind Deployment Centre. However, we are only at the very beginning of the transition that AREG was established to both lead and support so there are still opportunities for companies to get into the constantly evolving renewables supply chain. We look forward to continuing our work together as renewables builds on its place as Scotland’s main source of power, and as we seek to deliver real change in the crucial areas of heat and transport.

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Aberdeen & Grampian Chamber of Commerce has worked closely with AREG since its formation. The recent progress in the developments of offshore wind projects by Equinor and Vattenfall are as a result of the work of the group over many years. The north-east is known as the oil and gas capital of Europe. At the Chamber, we believe the region must evolve its position to being recognised as the energy capital. Whilst hydrocarbons will continue to be essential in driving our economy for years to come, the generation of renewable resources will play an increasingly important role in providing cost-effective power, innovative development and economic growth.

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The enthusiasm and dedication of the early group that would become AREG was fundamental in us choosing to launch All-Energy in Aberdeen. The first tiny show was held in 2001, and AREG’s Chairman at the time, Jeremy Cresswell, played such an active role that I often describe him in terms such as All-Energy’s ‘midwife’. All-Energy is now the UK’s largest renewable and low carbon energy exhibition and conference in terms of number of attendees, space booked, and number of exhibiting companies. As AREG became firmly established, their presence and support for the event grew spectacularly over the years. We thank them most sincerely for their invaluable input.

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Vattenfall has forged a strong working relationship with AREG through the development of the European Offshore Wind Deployment Centre. AREG has worked tirelessly on behalf of the North East and it can take enormous credit for the growth of sustainable energy in the region and the path it has cleared for the region to capture further investment.

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Aberdeen City and Shire is emerging as a key location for renewables by successfully transferring its world-class oil and gas expertise into the sector and AREG has done much to advance this through a broad range of initiatives. It has acted as a catalyst in driving further investment in the local economy by engaging with companies, Government, public bodies and existing projects and we have been pleased to support their efforts. Scottish Enterprise will continue to engage with AREG as we increase Scotland’s use of renewable energy.

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