Interserve chairman Alan Lovell has been appointed chair of the Surroundings Agency.
Lovell (pictured), a former Costain main government, was specified the eco-friendly light by MPs after they recognised his “strong private sector experience”. The 68-year-aged gained a status as a turnaround expert just after his time at the civils organization and also experienced stints at Jarvis, Amey and Carillion.
A report from MPs stated: “Lovell shown related corporate and institutional working experience and an acceptable grasp of the priorities for his proposed tenure.
“However, we were being surprised that he had not appear to additional completely investigated and fashioned sights on some of the essential environmental troubles and challenges facing the Natural environment Agency.”
His appointment was confirmed despite concerns flagged all through a pre-appointment hearing previous 7 days that shares he owns in an power developer referred to as Progressive Vitality could threat a conflict of fascination, as it is doing the job on a main federal government undertaking.
But, MPs stated they have been “satisfied” with Lovell’s “professional competence and particular independence” amid fears around his ties to the company.
The green power developer is leading do the job on the North West and north Wales HyNet Undertaking, which aims to supply the UK’s very first significant scale hydrogen plant by 2025. It is element of a broader £1bn govt decarbonising initiative.
Right after being named as the most popular candidate for the Surroundings Company purpose, Lovell stepped down as director of Progressive Strength on 30 June, in accordance to Providers House. On the other hand, he told MPs very last 7 days that he did not “really feel the have to have” to divest his shares in the business.
Lovell grew to become Interserve chairman in July 2019 soon after its pre-pack administration in March of that 12 months, when the company unsuccessful to earn assist of shareholders for its restructuring.
Lovell’s tenure has witnessed most of the business bought off, which includes its amenities management organization and its RMD Kwikform subsidiary. Its contracting arm, the former Interserve Development, was renamed Tilbury Douglas final calendar year and spun out as a standalone business in June.
He stays chairman of Interserve, which is predicted to be wound down now it has bought most of its business enterprise.
Lovell succeeds Emma Howard Boyd as chair of the Natural environment Agency.