BP 2012 Annual Report Download - page 110

Corporate governance
BP Annual Report and Form 20-F 2012
108
Brendan Nelson
Current position
Brendan Nelson was appointed a non-executive director of BP on
8 November 2010.
Board and committee activities
He is chairman of the audit committee and is a member of the chairman’s
and nomination committees.
Outside interests
Brendan Nelson is a non-executive director of The Royal Bank of Scotland
Group plc where he is chairman of the group audit committee. He is a
director of the Financial Skills Partnership and is deputy president of the
Institute of Chartered Accountants of Scotland.
Career
He is a chartered accountant. He was made a partner of KPMG in 1984.
He served as a member of the UK Board of KPMG from 2000 to 2006
subsequently being appointed vice chairman until his retirement in 2010.
At KPMG International he held a number of senior positions including
global chairman, banking and global chairman, financial services.
He served six years as a member of the Financial Services Practitioner
Panel.
Relevant experience and skills
Brendan Nelson has had a long career in finance and auditing, particularly
in the areas of financial services and trading, which qualifies him to chair
the audit committee and to act as its financial expert.
This is complemented by his broader business experience. During the
year he has led the work of the audit committee in continuing to
strengthen the company’s financial framework and has monitored the
group’s relationship with the external auditors. In 2012 he joined the
nomination committee.
Phuthuma Nhleko
Current position
Phuthuma Nhleko was appointed a non-executive director of BP on
1 February 2011.
Board and committee activities
He is a member of the chairman’s and the audit committees.
Outside interests
Phuthuma Nhleko is a non-executive director of Anglo American plc.
Career
He began his career as a civil engineer in the US and as a project manager
for infrastructure developments in Southern Africa. Following this he
became a senior executive of the Standard Corporate and Merchant Bank
in South Africa. He later held a succession of directorships before joining
MTN Group, a pan-African and Middle Eastern telephony group
represented in 21 countries, as group president and chief executive officer
in 2002. During his tenure at the MTN Group he led a number of
substantial mergers and acquisitions transactions. He stepped down as
group chief executive of MTN Group at the end of March 2011. He was
formerly a director of a number of listed South African companies,
including Johnnic Holdings (previously a subsidiary of the Anglo American
group of companies), Nedbank Group, Bidvest Group and Alexander
Forbes.
Relevant experience and skills
Phuthuma Nhleko’s background in engineering and his broad experience
as a chief executive of a multi-national company enables him to contribute
to the board, particularly in the areas of emerging market economies and
the evolution of the group’s strategy. His financial and commercial
experience is relevant to his work on the audit committee.
Andrew Shilston
Current position
Andrew Shilston was appointed a non-executive director of BP on
1 January 2012 and became BP’s senior independent director on 12 April
2012.
Board and committee activities
He is a member of the chairman’s and the audit committees and attends
the nomination committee.
Outside interests
Andrew Shilston is a non-executive director of Circle Holdings plc and
chairman of the Morgan Crucible Company plc.
Career
He trained as a chartered accountant before joining BP as a management
accountant. He subsequently joined Abbott Laboratories before moving to
Enterprise Oil plc in 1984 at the time of flotation. In 1989 he became
treasurer of Enterprise Oil and was appointed finance director in 1993.
After the sale of Enterprise Oil to Shell in 2002, in 2003 he became
finance director of Rolls-Royce plc until his retirement on 31 December
2011.
He has served as a non-executive director on the board of Cairn Energy
plc where he chaired the audit committee.
Relevant experience and skills
Andrew Shilston has had a long career in finance within the oil and gas
industry. His knowledge and experience as a chief financial officer, firstly
in Enterprise Oil and then Rolls-Royce, and as audit committee chairman
at Cairn Energy makes him well suited as a member of BP’s audit
committee. He has also provided valuable insight to the work of the
Russia committee. As senior independent director he has attended
meetings of the nomination committee.
David Jackson
Current position
David Jackson was appointed company secretary in 2003. A solicitor, he
is a director of BP Pension Trustees Limited.