BP has appointed Mr. Phuthuma Nhleko as a non-executive director of BP with immediate effect. Mr. Nhleko is currently Group President and Chief Executive Officer of the MTN Group, the mobile telephony multinational company based in South Africa, positions he has held since 2002. He will stand down from that role at the end of March 2011 and become Vice-President of MTN Group and Chairman of MTN International. Both roles are non-executive.
Carl-Henric Svanberg, Chairman of BP said "Phuthuma is an international business leader of high standing with a wide ranging business experience in emerging markets. He has built a huge business in Africa and the Middle East with operations in a wide variety of countries.
"As barriers come down and communications improve, the emerging market economies continue to grow strongly. Phuthuma's appointment reflects the growing importance of emerging markets and their growing integration into the global economy. We look forward to Phuthuma's valuable contribution as BP continues to grow and build confidence in a wider global community in which it operates."
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