The man who headed up the Smith Commission has been appointed chairman of Grangemouth’s Forth Ports Ltd.
The firm’s board announced the appointment of Lord Smith of Kelvin KT in the role, succeeding Michael Seymour who will stand down at the end of the year.
Lord Smith, who takes up the post on January 1, 2015, is currently chairman of SSE plc and the UK Green Investment Bank and is a non-executive director of Standard Bank Group Limited.
He chaired the Organising Committee of the Glasgow 2014 Commonwealth Games and recently chaired the Smith Commission cross-party talks on strengthening the powers of the Scottish Parliament within the UK.
A chartered accountant and respected senior businessman, he has held numerous directorships with a range of blue chip companies and a number of high profile public positions.
Lord Smith said: “I’m delighted to join the team at Forth Ports and looking forward to getting involved in an exciting business with great potential. Ports play a strategically vital but unsung role in supporting a strong, successful UK economy, making a huge contribution to our economic success in everything from tourism to energy.”
Charles Hammond, Forth Ports chief executive officer, said: “I would firstly like to pay tribute to Michael Seymour, under whose stewardship Forth Ports has continued to develop and make a significant contribution to the economies of both Scotland and the South East of England.
“Lord Smith’s reputation goes before him and we are delighted to have been able to attract a businessman of his stature to join us as chairman. I am confident that, under his guidance, Forth Ports will continue to thrive as the company enters the next stage in its development.”