Government selects Martin Cave as preferred candidate to be next Ofgem chairman

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Government selects Martin Cave as preferred candidate to be next Ofgem chairman

Ofgem has welcomed the Executive’s announcement that Professor Martin Cave is the most well-preferred candidate to be the next chairman of Ofgem. 

Greg Clark, the secretary of recount for Commerce, Energy and Industrial Approach, selected the vulnerable deputy chair of the Competitors Commission and deputy panel chair of the Competitors and Markets Authority (CMA) to book the power regulator.

The put up of Ofgem chair is self-discipline to a pre-appointment hearing by the Commerce, Energy and Industrial Approach Roar out Committee on July Three. 

Professor Cave has undertaken a host of roles in authorities. He became a member of the CMA panel which investigated the power market between 2014 and 2016 and became also economic advisor to Ofcom, the communications regulator, between 2003 and 2006.  

Ofgem launched in December that the new chairman, Davd Grey, will retire in September this year.

Lynne Embleton and Ann Robinson own also been confirmed because the new non-executive directors of the Gasoline and Electricity Markets Authority (GEMA), Ofgem’s governing physique. 

Lynne Embleton is at this time the chief executive of IAG Cargo the put she is leading transformation essentially essentially based on infrastructure investment, customer heart of attention, tradition and digital technology. 

Ann Robinson is a considerable user champion with necessary abilities in power and user protection. They’re going to be a a part of GEMA in the arriving weeks.

Further data

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