BP removed chair Albert Manifold over serious governance and conduct concerns, deepening investor unease over the energy major’s leadership instability.

Oil and gas media is reporting that oil giant BP has removed Chair Albert Manifold with immediate effect after the board cited serious concerns over governance standards,…

Manifold held the role for just eight months amid broader leadership concerns at the firm.

Albert Manifold has been ousted with immediate effect

British oil giant BP has removed Albert Manifold as chairman less than a year after he took over the role, citing what it described as "serious concerns" over governance,…

Manifold was appointed to the position less than a year ago when the company was undergoing severe leadership turmoil.

BP has removed its Chair, Albert Manifold, with immediate effect. The company cited serious concerns regarding governance oversight and conduct. This decision comes just months…