Monaco-based GasLog Ltd and GasLog Partners have appointed Richard Sadler as COO and he will take up his new role in September.
Mr Sadler is highly respected throughout the maritime industry and brings a wealth of shipping experience to GasLog having served as CEO of Lloyd’s Register Group from 2007 to 2015, during which time the company doubled its revenue reaching an annual turnover of £1.1 billion.
Paul Wogan, CEO at GasLog since 2013, said, “On behalf of the Boards of GasLog and GasLog Partners, and the Management team, I am pleased to welcome Richard to GasLog as COO. His deep understanding of the shipping sector and his years of relevant operational experience will make him a huge asset to the company.”
Richard Sadler added: “I am delighted to be joining GasLog at such an exciting time in the company’s evolution. The LNG and LNG shipping markets are experiencing a period of considerable growth with significant opportunities and I believe that GasLog is well placed to take advantage of these opportunities. I look forward to working with the team to continue to develop GasLog into a world-class player in the LNG value chain.”
Prior to Lloyd’s Register, Mr Sadler worked as a Director of Asset Management for the Royal Bank of Scotland in the Shipping and Offshore Energy Division. Earlier in Richard’s career, he was an Engineering Officer in the Royal Navy before studying Naval Architecture at the University of Newcastle-upon-Tyne.
Mr Sadler is a Fellow of the Royal Academy of Engineering, where he is also a member of the audit and risk committee. He holds Honorary Doctorates from the University of Southampton and the University of Newcastle-upon-Tyne and is a visiting Professor of Dalian Maritime University. He is also a Trustee and one of the Elder Brethren of Trinity House and also held the office of President of the Welding Institute in Cambridge for three years.
GasLog, with a consolidated fleet of 27 LNG carriers – 22 ships on the water and five on order, is an international owner, operator and manager of LNG carriers providing support to international energy companies as part of their LNG logistics chain. GasLog’s principal executive offices are in Monaco at Gildo Pastor Center, 7 Rue du Gabian.