Soco names new deputy chairman

Soco International, a London-listed oil and gas exploration and production company, has appointed Rob Gray as the company’s deputy chairman, with immediate effect.

Soco said on Thursday that Gray joined the board as a non-executive director in 2013.

He is a senior independent director and a member of each of the board committees, namely the Nominations Committee, Remuneration Committee, and the Audit & Risk Committee, which he has chaired since January 2017.

The company added that Gray would continue to serve in these roles alongside his deputy chairmanship.

Gray has more than 30 years of experience advising companies in the natural resources sector in his various roles at James Capel & Co., Kleinwort Benson, Robert Fleming & Co., and Deutsche Bank. He is the co-founder of RegEnersys, a natural resources investment entity, and is currently the principal of ReVysion LLP.

Rui de Sousa, non-executive chairman, said: “I am delighted that Rob has accepted the new role of deputy chairman. His specialist commercial, governance, investment and entrepreneurial skills and experience have added essential value to the board for the last four years.

“His new role provides additional strength to the board as we focus on strategically reshaping the business, growing our portfolio and continuing to deliver substantive value to shareholders.”

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