London, United Kingdom - July 25, 2014, London, United Kingdom - BP announced that Iain Conn, group managing director and chief executive of Downstream is leaving the company and is to step down from BP's board by the end of the year.
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Mr. Conn has had a career of 29 years with BP, serving on the board for the past 10 years and in his current Downstream role for the past seven.
Mr. Conn was appointed chief executive, Downstream on June 1, 2007. He joined BP Oil International in 1986, working in a variety of roles in oil trading, commercial refining and exploration before becoming, on the merger between BP and Amoco in 1999, vice president of BP Amoco Exploration’s mid-continent business unit.
Mr. Conn was in London as group vice president and a member of the Refining and Marketing segment’s executive committee, taking over responsibility for BP’s marketing operations in Europe. He was then appointed chief executive of BP Petrochemicals.
Following his appointment to the board in 2004, Mr. Conn served for three years as group executive officer, strategic resources, with responsibility for a number of group functions and regions. He also served as a non-executive director and senior independent director of Rolls Royce Holdings.
Mr. Conn will hand over the role of Chief Executive, Downstream to Tufan Erginbilgic on October 1, 2014.
Mr. Erginbilgic is currently Chief Operating Officer for BP's fuels businesses globally, which includes responsibility for BP's global refining function. He is an engineer by training and has long experience in BP's Downstream businesses, having previously led both BP's fuels and lubricants businesses.
Mr. Conn's regional responsibilities for Europe and Asia will be assumed by Dev Sanyal, BP's Executive Vice President, who is appointed Executive Vice President, Strategy and Regions.
Mr. Sanyal joined BP in 1989 and has held a variety of international roles in London, Athens, Istanbul, Vienna and Dubai. He was appointed chief executive, BP Eastern Mediterranean Fuels in 1999. In 2002, he moved to London as chief of staff of BP’s worldwide downstream businesses. ■