BP 2013 Annual Report Download - page 69

Corporate governance
BP Annual Report and Form 20-F 2013 65
Brendan Nelson
Independent non-executive director
Tenure
Appointed 8 November 2010 (3 years)
Board and committee activities
Chairman of the audit committee
Member of the nomination committee
Member of the chairman’s committee
Outside interests
Non-executive director and chairman of the group audit committee of
The Royal Bank of Scotland Group plc.
President of the Institute of Chartered Accountants of Scotland
Member of the Financial Reporting Review Panel
Age
64
Nationality
British
Career
Brendan Nelson 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 and his role as
the chair of the audit committee of a major bank. During the year he has
led the audit committee in meeting the many challenges from increased
changes to regulation.
Phuthuma Nhleko
Independent non-executive director
Tenure
Appointed 1 February 2011 (3 years)
Board and committee activities
Member of the audit committee
Member of the chairman’s committee
Outside interests
Non-executive director of Anglo American plc
Non-executive director and chairman of MTN Group Ltd.
Age
53
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. 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 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 particularly relevant to his work on the audit committee.
Andrew Shilston
Independent non-executive director
Tenure
Appointed 1 January 2012 (2 years)
Board and committee activities
Senior independent director
Member of the audit committee
Member of the chairman’s committee
Attends the nomination committee
Outside interests
Non-executive director of Circle Holdings plc.
Chairman of Morgan Advanced Materials plc.
Age
58
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 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.
His experience of the oil and gas industry has been important in assisting
the board in their evaluation of projects and capital expenditure. As senior
independent director he has attended meetings of the nomination
committee.