BP has appointed a former MI6 chief to its board of directors, the firm announced this morning.
Former Chief of UK Secrete Intelligence Service MI6, Macro Advisory Partners chairman Sir John Sawers (pictured left) has been appointed a non-executive director of the oil major, alonside Paula Rosput Reynolds (right), who has been president and CEO of AGL Resources.
BP's Chairman Carl-Henric Svanberg said: "We are delighted to welcome Paula and John to the Board of BP. Paula has deep experience in the energy and financial services sectors. John brings extensive experience of international affairs and geopolitics. They are both strong additions to the BP Board."
Sir Sawers spent 36 years working for the British Government in international affairs and security. He completed his five year tenure as Chief of MI6, the UK Secret Intelligence Service, in November 2014. Prior to that, he was the UK's Ambassador to the United Nations, Political Director of the Foreign Office, Special Representative in Iraq, Ambassador to Cairo, and Foreign Policy Advisor to the Prime Minister. In his early career, he worked in the Middle East, South Africa and Washington.
Sir John is now Chairman and Partner of Macro Advisory Partners. He is also a Visiting Professor at King's College London and a Governor of The Ditchley Foundation.
Reynolds began her career as an economist before spending more than 25 years in the energy sector in a variety of operational and corporate roles, including at the Duke Energy Corporation and the Pacific Gas and Electric Company. Reynolds was president and CEO of AGL Resources, a Fortune 500 natural gas distribution, services and trading company which serves the eastern US. She has also previously served as a non-executive director of Anadarko Petroleum Corporation.
Reynolds was Chair, President and CEO of Safeco Corporation, a US insurance company, until its acquisition by Liberty Mutual Group in 2008. She was then appointed vice chairman and chief restructuring officer of American International Group (AIG), overseeing the company's divestiture of assets and serving as chief liaison with the Federal Reserve Bank of New York.
Reynolds currently serves as a non-executive director of BAE Systems, TransCanada Corporation and Delta Airlines where she will be stepping down shortly. She is also chairman of the board of trustees at the Fred Hutchinson Cancer Research Centre. She was previously a non-executive director of Coca-Cola Enterprises and of Air Products and Chemicals.
In 2014, Reynolds was recognized with a lifetime achievement award for exceptional contributions as a board member by the National Association of Corporate Directors in the US.
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