13 June 2013
Lloyd’s Register today announced the appointment of Chris Finlayson, Chief Executive of BG Group plc, and Ellis Armstrong, ex-CFO of E&P at BP plc, as Non-executive Directors on the board of Lloyd’s Register Group Ltd.
Lloyd’s Register Group Ltd (LR) is the wholly-owned operating group of Lloyd’s Register Foundation, a UK charity dedicated to supporting the advancement of engineering-related education, and funding research and development that enhances safety of life at sea, on land and in the air.
LR provides independent assurance and expert advice to companies operating high-risk, capital-intensive assets in the energy and transportation sectors, enhancing the safety of life, property and the environment by helping clients to ensure the quality construction and operation of critical infrastructure. LR’s business assurance services help companies manage their systems and risks across a wide range of areas from food safety to energy management.
“Given LR’s significant growth in providing services throughout the energy supply chain, it is hugely important to have a strong and diverse Board to represent the sectors we serve. We are very pleased to welcome these two outstanding Non-executive Directors to the Board”, said Thomas Thune Andersen, Chairman of LR.
Both Chris and Ellis have had long and distinguished careers in the Energy sector. Before joining BG Group, Chris Finlayson gained over 33 years’ technical and commercial experience in the oil and gas industry, with Royal Dutch Shell plc, where he was a member of the Exploration and Production leadership team, serving in Russia, Nigeria, Brunei and the North Sea. Prior to his appointment as Chief Executive, Chris was responsible for BG Advance, including BG Group’s exploration team, the Group’s major capital projects programme, contracts and procurement, and technology.
Chris Finlayson commented: “I am delighted to have the opportunity to contribute to the continuing success of Lloyd’s Register, whose work in the enhancement of the safety of life I have long admired. The safety of our people has to be industry’s first & foremost priority. I believe that every accident is avoidable and that as an industry we must continue to strive for zero injuries.”
Ellis Armstrong joined BP in 1983, and has had an extensive career in offshore operational roles, commercial and planning roles, and leadership functions, ending his career with BP as CFO of Exploration and Production. Ellis has a BSc and PhD in Civil Engineering from Imperial College, and a Masters degree in Business Administration from Stanford Business School.
Ellis Armstrong added: “Lloyd's Register has made a difference to the world for more than 250 years. I am really excited about the opportunity to contribute to the next era of its future.”
Chris and Ellis join Thomas Thune Andersen, Chairman; Non-executive Directors John Chandris and Ron Henderson; Richard Sadler, CEO; and Alastair Marsh, CFO, on the board of Lloyd’s Register Group Ltd.
Richard Sadler, CEO, said “These high-profile appointments underline LR’s commitment to continued growth in the energy sector, and I am sure that both Chris and Ellis’s experience will provide the management team with a huge amount of insight and value for our strategic growth plans.”
Through its acquisitions of ModuSpec in 2008, Scandpower in 2009 and West Engineering Services in 2012, LR has built a comprehensive portfolio of services including compliance, inspection, asset integrity and consulting, to the upstream, downstream, power, renewables, nuclear and industrial sectors.