BP veteran Byron Grote set to join board of Anglo American

MINER Anglo American has appointed BP board member Byron Grote as a non-executive director.

The appointment of Grote, who announced last week that he was to step down as a senior board member of BP following 33 years with the oil giant, will be proposed to shareholders at Anglo’s AGM on 19 April.

He will join the Anglo board’s audit committee, and after an induction period, will take over from David Challen as chairman of the group.

Grote joined BP in 1987, and has been a member of the board since 2000. He also served as BP’s chief financial officer from 2002 to 2011, and has overseen the oil behemoth through many acquisitions.

Grote also has a role as non-executive director of consumer goods giant Unilever.

Blue chip miner Anglo American has seen many board changes over the past few months, most notably with AngloGold Ashanti boss Mark Cutifani appointed chief executive to replace Cynthia Carroll when she steps down at the end of April.