Former chairman of nuclear firm British Energy, Sir Adrian Montague, will step down from his role as deputy chair of the Green Investment Bank (GIB) in April this year.
The decision, announced by the Department for Business Innovation and Skills (BIS) this morning, comes less than 10 months after he was appointed as one of the £3 billion GIB’s top directors.
Sir Adrian was previously chair of the GIB advisory panel – the group that guided the formation of the public limited company.
“Sir Adrian has been a key architect of the Green Investment Bank, both as a committed chair of the advisory group and active deputy chair of UK Green Investment Bank plc”, said business secretary Vince Cable, who cut the GIB’s ribbon in November.
“His advice has been invaluable and he has been a major force in getting the GIB up and running.”
Sir Adrian was appointed alongside chair Lord Smith of Kelvin in May last year, and oversaw the bank’s move into its Edinburgh office in August, as well as being influential in setting up its first few investments.
Shaun Kingsbury, Robert Mansley and Peter Knott have since joined as chief executive, managing director and chief risk officer respectively. BIS confirmed that it was now on the lookout for Sir Adrian’s replacement.
CEO appointed as Green Investment Bank nears green light
Autumn statement pulls Green Investment Bank’s borrowing power into question
Cable cuts ribbon on Green Investment Bank
Like our Facebook Page
How Cities In Canada Are Addressing Climate Change
10 Tax Incentives for Businesses That are Lowering their Carbon Footprint
How to Manage Anxieties About Climate Change
Green Brands Must Understand Their Customers to Market Wisely
Key Necessities for Starting an Eco-Friendly Freelance Business
6 Ways To Overcome Cash Flow Challenges as a Green Business
Going Cashless Lowers Our Carbon Footprint and Has Other Pros and Cons
How to Be as Eco-Friendly as Possible on a Trip to New York
Why Brazed Plate Heat Exchangers Are Eco-Friendly
6 Steps For Making Crypto & Blockchain Eco-Friendly
Building a Career in Green Construction: Tips and Insights
Top 5 Benefits of Workplace Sustainability
The Role of Smart Technology in Managing EV Charging Stations
4 USA Vacation Destinations for an Eco-Friendly Trip
6 Wastewater Management Tips to Reduce Water Pollution
Why Internet Faxing Is A Sustainable Business Move
5 Ways Eco-Friendly Employers Can Boost Efficiency
What to Look for When Choosing an Eco-Friendly Locksmith
Flexible Return Policies Can Make Retail More Sustainable
Using Green Patents to Drive Sustainability & Eco-Friendly Designs
- Environment3 months ago
6 Home Improvements You Can Make to Help the Environment
- Environment10 months ago
4 Countries That Have Banned Single-Use Plastic
- Features9 months ago
5 Huge Support Tips for Eco-friendly eCommerce Brands
- Environment7 months ago
How to Ensure Your Home’s Eco-Friendly During Construction?