BP 2014 Annual Report Download - page 59

Corporate governance
He was a director of TNK-BP over two
periods, from 2003 to 2005 and from
2010 until the sale of the business and
acquisition of Rosneft equity in 2013.
Relevant skills and experience
Dr Brian Gilvary has spent his entire
career at BP. He has a strong knowledge
of finance and trading and a deep
understanding of BP’s assets and
businesses. Having worked in both
Upstream and Downstream, he also has
very broad experience of the business as
a whole.
Brian has consistently worked to further
strengthen the finance function and has
continued to develop the company’s
engagement with shareholders.
Brian Gilvary’s performance has been
evaluated by the group chief executive
and considered by the chairman’s
committee.
Brendan Nelson
Independent non-executive director
Tenure
Appointed 8 November 2010
Outside interests
Non-executive director and chairman of
the group audit committee of
The Royal Bank of Scotland Group plc
Member of the Financial Reporting
Council Monitoring Committee
Age 65 Nationality British
Career
Brendan Nelson is a chartered
accountant. He was made a partner of
KPMG in 1984 and 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 for six years as a member of
the Financial Services Practitioner Panel
and in 2013 was the president of the
Institute of Chartered Accountants
of Scotland.
Relevant skills and experience
Brendan Nelson has had a long career in
finance and auditing, particularly in the
areas of financial services and trading.
During his career he has also had
management experience at a very
senior level. He is well qualified to chair
the audit committee and to act as its
financial expert. As chair of the audit
committee he has focused particularly
on the oversight of the group’s trading
operations.
All of this is complemented by his
broader business experience and his
role as the chair of the audit committee
of a major bank.
Phuthuma Nhleko
Independent non-executive director
Tenure
Appointed 1 February 2011
Outside interests
Non-executive director of Anglo
American plc
Non-executive director and chairman of
MTN Group Ltd
Chairman of the Pembani Group
Age 54 Nationality South African
Career
Phuthuma Nhleko 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 and became chairman.
He was formerly a director of a number
of listed South African companies,
including Johnnic Holdings (formerly a
subsidiary of the Anglo American group
of companies), Nedbank Group, Bidvest
Group and Alexander Forbes.
Relevant skills and experience
Phuthuma Nhleko’s background in
engineering and his broad experience
as a chief executive of a multinational
company enables him to make a broad
contribution to the board. This is
particularly so in the areas of emerging
market economies and the evolution of
the group’s strategy. His financial and
commercial experience is also very
relevant to his work on the audit
committee.
Andrew Shilston
Senior independent non-executive
director
Tenure
Appointed 1 January 2012
Outside interests
Non-executive director of Circle
Holdings plc
Chairman of the Morgan Advanced
Materials plc
Age 59 Nationality British
Career
Andrew Shilston 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 skills and experience
Andrew Shilston has had a long career
in finance in the oil and gas industry and
more generally. His knowledge and
experience as a chief financial officer,
firstly in Enterprise Oil and then
Rolls-Royce, makes him well suited to
be a member of BP’s audit committee.
This is complemented by his experience
as the chair of the audit committee at
Cairn Energy.
Andrew has very broad experience of
the oil and gas industry which has
assisted the board in its work in
overseeing the group’s strategy and
in particular the evaluation of capital
projects.
As senior independent director he
has contributed to the work of the
nomination committee. He has also
overseen the evaluation of the chairman
in 2014 and will lead the external
evaluation of the board in 2015.
David Jackson
Company secretary
Tenure
Appointed 2003
David Jackson, a solicitor, is a director of
BP Pension Trustees Limited.
The ages of the board are correct
as at 3 March 2015.
BP Annual Report and Form 20-F 2014 55