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There’s nothing like a dame for Forth Green Freeport

[ November 2, 2023   //   ]

Dame Susan Rice DBE has been appointed as chair of Forth Green Freeport, taking over from interim chair, Forth Ports group chief executive, Charles Hammond. She is the former chair and chief executive of Lloyds TSB Scotland, where she was the first female in Europe to lead a clearing bank, and managing director of Lloyds Banking Group Scotland. She was also the founding chair of the Scottish Fiscal Commission and is the former president of the Scottish Council for Development and Industry.

She has been chair of Scottish Water since 2015 and will step down at the end of this year on completion of her term. Her other recent Board experience includes the Bank of England, Scottish and Southern Energy and J Sainsbury plc.

Dame Susan currently sits on the Board of the Office for Budget Responsibility and chairs the North American Income Trust and the Global Ethical Finance Initiative, which is currently delivering the largest finance-focused campaign for COP28.

She said: “The Forth Green Freeport has a broad and exciting vision for Scotland and I’m pleased to be leading the team in its execution. The creation of major port infrastructure, the development of new green industries and re-industrialisation of our communities is hugely compelling to me.

“I’m honoured to have been appointed as the Chair and I welcome the opportunity to steer this impressive consortium as we create and implement the Forth Green Freeport. As an experienced adviser in delivering long-term economic development projects, I will support the Forth Green Freeport to deliver the community regeneration and many new jobs across Fife, Falkirk, Leith and Central Scotland. I’m delighted to be part of this.”

Charles Hammond added: “We are extremely privileged to have someone with Dame Susan’s extensive experience and enthusiasm to Chair the ambitious opportunity that the Forth Green Freeport can deliver for Scotland. The decision to appoint Dame Susan was unanimously agreed by all of the consortium partners, both public and private sector, and we warmly welcome her to the Board.

“Dame Susan’s career background is aligned perfectly as the consortium works together to create the driving force to deliver long term benefits for communities through well paid skilled green job creation and to assist in achieving the country’s net zero goals.”

Forth Green Freeport was one of two Green Freeports for Scotland shortlisted earlier this year. Its aim is to act as a catalyst for new green technologies and renewable energy. The consortium is currently preparing its outline business case which will be submitted to the Scottish and UK Governments shortly.