Oil giant BP has named energy industry veteran Helge Lund as its next chairman, succeeding Carl-Henric Svanberg. Mr Lund – who has previously headed BG Group and was a longstanding chief executive at Statoil – will join BP’s board as chairman-designate and a non-executive director on September 1 before taking on the role of chairman on January 1 next year. BP chief executive Bob Dudley said: “Carl-Henric has steadily led our board through BP’s darkest days and into this period of growth and modernisation. BP chief executive Bob Dudley (Andrew Milligan/PA)BP said the search for a new chairman had been “worldwide and rigorous”, with candidates from the UK, continental Europe and the US. He said: “BP has come successfully through a challenging period under the strong and committed leadership of Carl-Henric and Bob.

Source: Daily Mail April 26, 2018 09:00 UTC