Dermot Nolan to remain as Ofgem chief executive until 2020

Dermot Nolan to remain as Ofgem chief executive until 2020

The chief executive of Ofgem has announced his intention to stay in his post until the end of February 2020.

Dermot Nolan, who took up the role in March 2014, joined the regulator from the Commission for Energy Regulation in Ireland where he had been a commissioner since 2008 and its chair since May 2011.

Ofgem's chairman Martin Cave said: "I am delighted that Dermot has agreed to stay on longer than his original appointment to GEMA, in to continue to deliver our work to protect consumers' interests in the energy market. 2019 will see us bed in the price cap which will benefit over 11 million consumers, and it is very good news that Dermot is committed to stay on and oversee this and other important reforms to the energy market."

The Department for Business, Energy and Industrial Strategy (BEIS) have also announced that John Crackett will be appointed as a non-executive director for Ofgem.



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