Wednesday 27 May 2026 9:12 am
| Updated:
Wednesday 27 May 2026 9:13 am
Manifold served less than a year as chair of BP
BP’s ousted chair hit back at the group’s decision to fire him over governance issues, launching a robust defence of his short-lived tenure on the supermajor’s board and rejecting the “false narrative” surrounding his sudden departure.In a move poised to plunge the London-listed energy giant into a full-blown governance crisis, Albert Manifold defended his record as chair, and said he drove “genuine change at BP – cutting costs, challenging excess and holding the organisation to higher standards”.“The board’s statement this morning acknowledged the focus and pace I brought,” he added. “I dispute entirely the characterisation of my conduct and I will not allow a false narrative to go unchallenged.”Manifold was ousted suddenly by BP directors on Tuesday having served just eight months in post, after “serious concerns” about his conduct were reported to the group’s board. Dame Amanda Blanc said the board had discovered a wave of instances of serious misconduct, with reports of “volcanic” “However, the board has been surprised and disappointed to learn of governance oversight and conduct issues it deems unacceptable and has taken decisive action,” Blanc said.This is a breaking news story, more to follow.
