ASCO, the global integrated logistics and materials management company, has appointed Tony Wright as its new Group Chief Financial Officer (CFO), effective from the 1st of July, following the retirement of Gary Paver.

Tony is an experienced financial professional with over 25 years of expertise in senior roles within the energy and construction sectors across the UK, Middle East, South East Asia and Africa. Most recently, Tony was Executive Director and Group CFO of Lamprell PLC, a prominent energy construction and fabrication company based in the United Arab Emirates (UAE).

Commenting on his appointment, Tony said: “I am pleased to join ASCO at such an exciting time, a company that actively promotes the energy transition and prioritises environmental, social, and governance (ESG) considerations. ASCO has a strong reputation, and I firmly believe it is well positioned to take advantage of the opportunities in both its current and emerging markets.”

Peter France, ASCO’s Group CEO, said: “It has been my pleasure to work closely with Gary over the last three years, and I would like to take this opportunity to thank him for his contribution to the growth of ASCO during this period.

“Tony’s extensive financial background and proven industry track record makes him a valuable asset to our team as we continue to strengthen the business and support the energy transition.”