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UK power, gas regulator appoints new CEO

The U.K.'s Office of Gas and Electricity Markets, or Ofgem, announced that Jonathan Brearley will succeed Dermot Nolan as its new CEO.

Brearley will take up his appointment at the end of February 2020 as Ofgem's CEO as well as its accounting officer, according to an Oct. 2 news release.

Brearley is currently serving the U.K. regulator as executive director for systems and networks and has been a member of Ofgem's governing board.