People & Business: Rifkind seizes new job prospects in oil business

Malcom Rifkind has got a new job prospecting for oil in the former Soviet Union. Well, okay, the former secretary of state for Foreign and Commonwealth Affairs has in fact been made a non-executive director of Ramco Energy, the AIM-listed independent oil company based in Aberdeen.

Ramco has also announced a recommended share offer for JKX Oil & Gas, a UK-based energy company which concentrates on the Ukraine and Georgia. Ramco said: "Mr Rifkind's experience in the areas in which JKX operates, as well as in the former Soviet Union and eastern Europe as a whole, will be invaluable towards building Ramco's business in those regions."

The owlish former Conservative Minister said that he is looking forward to helping to "build substantial shareholder value".

Fresh from defeating the carpetbaggers, the Nationwide Building Society's chairman Charles Nunneley is stepping down as chairman of Imro, the investment regulator, in favour of Douglas McDougall, joint senior partner of Baillie Gifford.

Mr Nunneley is retiring after 11 years on Imro's board, although he will still have quite a lot on his plate. He will continue as chairman of both Nationwide and the National Trust.

Mr McDougall has been with Baillie Gifford, the Edinburgh-based fund managers, since 1965. He is also chairman of the Association of Investment Trust Companies.

Another chairman is also stepping down, Robert Malpas of Cookson, the precious metals to electronics materials group.

He is being replaced by the larger than life, cigar smoking and ebullient American Richard Oster. Mr Oster, a former American football player, is currently chief executive of, having sold his brass company AJ Oster to Cookson in 1980.

Cookson's new chief executive will be Stephen Howard, who has beaten Don Carcieri, the other joint managing director at Cookson, to the top job. Mr Carcieri will leave the group at the end of December, with a hefty payout to comfort him: he is on a two-year contract with a basic salary of pounds 383,000 a year.

Mr Malpas said yesterday that Mr Carcieri's departure had nothing to do with problems in the electronic materials division last year - the division for which Mr Carcieri was responsible.

Referring to the two new appointments, Mr Malpas enthused: "It's continuity. Its seamless. We've got two highly competent people. Richard continues to apply his indefatigable leadership and continues to lead the group to superior performance. He will be a highly involved chairman."

Intriguingly, Mr Malpas revealed yesterday that his name is a more common place name in Europe than you might think; there are two villages in Spain called "Malpas", one on the north coast of Majorca, the other between Saragossa and Barcelona; there are two in the UK, one in Cheshire and one in Devon, and there is also a Malpas in Switzerland.

There is another fascinating family detail Mr Malpas might not want to broadcast in his role as co-chairman of Eurotunnel; Malpas in Latin means "bad crossing".

Quote of the Week goes to Michael Prideaux, head press spokesman for BAT, on Tuesday: "I've never given a journalist a scoop in my life."

The occasion for this boast was the announcement of BAT's acquisition of Mexico's biggest cigarette company, Cigarerra La Moderna, for $1.7bn. Mr Prideaux told one of my colleagues a week ago that a deal in Latin America was imminent, and when said colleague went off and found out which company was involved Mr Prideaux pleaded for silence, saying: ``You'll get a much better story if you hold off."

So we did - and then on Tuesday BAT announced the deal - with no warning from Mr Prideaux at all. When the colleague remonstrated with the BAT spokesman, he exclaimed:

"If you'd run that story I wouldn't be here today."

Seton Healthcare is giving the elderly a chance to play golf alongside Tony Jacklin at Goodwood in Sussex. Seton's chief executive Iain Cater tells me that the company is co-sponsoring the PGA European Seniors Tour this September to the tune of pounds 25,000. This is the first time Seton has sponsored such an event: "We're dipping a toe in the water," Mr Cater said.

And in a separate move Seton's sports division has prepared for next year's football World Cup in France by ordering 250,000 footballs.

News
people Biographer says cinema’s enduring sex symbol led a secret troubled life
News
newsGlobal index has ranked the quality of life for OAPs - but the UK didn't even make it into the top 10
News
people

Kirstie Allsopp has waded into the female fertility debate again

News
In 2006, Pluto was reclassified as a 'dwarf planet'
scienceBut will it be reinstated?
PROMOTED VIDEO
News
people
News
Researchers say a diet of fatty foods could impede smell abilities
scienceMeasuring the sense may predict a person's lifespan
Sport
footballArsenal 4 Galatasaray 1: Wenger celebrates 18th anniversary in style
News
peopleStella McCartney apologises over controversial Instagram picture
News
Gillian Anderson was paid less than her male co-star David Duchovny for three years while she was in the The X-Files until she protested and was given the same salary
people

Gillian Anderson lays into gender disparity in Hollywood

Life and Style
Laid bare: the Good2Go app ensures people have a chance to make their intentions clear about having sex
techCould Good2Go end disputes about sexual consent - without being a passion-killer?
News
ebooksAn unforgettable anthology of contemporary reportage
Arts and Entertainment
Richard Burr remains the baker to beat on the Great British Bake Off
tvRichard remains the baker to beat as Chetna begins to flake
Life and Style
fashionThe Secret Angels all take home huge sums - but who earns the most?
News
i100
Arts and Entertainment
Amazon has added a cautionary warning to Tom and Jerry cartoons on its streaming service
tv
News
The village was originally named Llansanffraid-ym-Mechain after the Celtic female Saint Brigit, but the name was changed 150 years ago to Llansantffraid – a decision which suggests the incorrect gender of the saint
newsA Welsh town has changed its name - and a prize if you can notice how
Latest stories from i100
Have you tried new the Independent Digital Edition apps?
Independent Dating
and  

By clicking 'Search' you
are agreeing to our
Terms of Use.

iJobs Job Widget
iJobs Money & Business

Trainee Recruitment Consultant - Birmingham - Real Staffing

£18000 - £23000 per annum + Commission: SThree: Real Staffing are currently lo...

Trust Accountant - Kent

NEGOTIABLE: Austen Lloyd: TRUST ACCOUNTANT - KENTIf you are a Chartered Accou...

Graduate Recruitment Consultant - 2013/14 Grads - No Exp Needed

£18000 - £20000 per annum + OTE £30000: SThree: SThree are a global FTSE 250 b...

Law Costs

Highly Competitive Salary: Austen Lloyd: CITY - Law Costs Draftsperson - NICHE...

Day In a Page

Italian couples fake UK divorce scam on an ‘industrial scale’

Welcome to Maidenhead, the divorce capital of... Italy

A look at the the legal tourists who exploited our liberal dissolution rules
Tom and Jerry cartoons now carry a 'racial prejudice' warning on Amazon

Tom and Jerry cartoons now carry a 'racial prejudice' warning on Amazon

The vintage series has often been criticised for racial stereotyping
An app for the amorous: Could Good2Go end disputes about sexual consent - without being a passion-killer?

An app for the amorous

Could Good2Go end disputes about sexual consent - without being a passion-killer?
Llansanffraid is now Llansantffraid. Welsh town changes its name, but can you spot the difference?

Llansanffraid is now Llansantffraid

Welsh town changes its name, but can you spot the difference?
Charlotte Riley: At the peak of her powers

Charlotte Riley: At the peak of her powers

After a few early missteps with Chekhov, her acting career has taken her to Hollywood. Next up is a role in the BBC’s gangster drama ‘Peaky Blinders’
She's having a laugh: Britain's female comedians have never had it so good

She's having a laugh

Britain's female comedians have never had it so good, says stand-up Natalie Haynes
Sistine Chapel to ‘sing’ with new LED lights designed to bring Michelangelo’s masterpiece out of the shadows

Let there be light

Sistine Chapel to ‘sing’ with new LEDs designed to bring Michelangelo’s masterpiece out of the shadows
Great British Bake Off, semi-final, review: Richard remains the baker to beat

Tensions rise in Bake Off's pastry week

Richard remains the baker to beat as Chetna begins to flake
Paris Fashion Week, spring/summer 2015: Time travel fashion at Louis Vuitton in Paris

A look to the future

It's time travel fashion at Louis Vuitton in Paris
The 10 best bedspreads

The 10 best bedspreads

Before you up the tog count on your duvet, add an extra layer and a room-changing piece to your bed this autumn
Arsenal vs Galatasaray: Five things we learnt from the Emirates

Arsenal vs Galatasaray

Five things we learnt from the Gunners' Champions League victory at the Emirates
Stuart Lancaster’s long-term deal makes sense – a rarity for a decision taken by the RFU

Lancaster’s long-term deal makes sense – a rarity for a decision taken by the RFU

This deal gives England a head-start to prepare for 2019 World Cup, says Chris Hewett
Ebola outbreak: The children orphaned by the virus – then rejected by surviving relatives over fear of infection

The children orphaned by Ebola...

... then rejected by surviving relatives over fear of infection
Pride: Are censors pandering to homophobia?

Are censors pandering to homophobia?

US film censors have ruled 'Pride' unfit for under-16s, though it contains no sex or violence
The magic of roundabouts

Lords of the rings

Just who are the Roundabout Appreciation Society?