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Lord Browne and Tidu Maini to step down from Riverstone Energy

Staff writer |
St Peter Port, Guernsey - April 15, 2015, St Peter Port, Guernsey - Riverstone Energy, an energy investment company, announces that Lord John Browne of Madingley and Tidu Maini will step down from the board on May 13, 2015.

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Lord Browne is a Partner and Managing Director of Riverstone and is based in London. He joined Riverstone in 2007 and is co-head of Riverstone's Renewable Energy Funds. Prior to joining Riverstone, he spent 41 years at BP.

Lord Browne joined BP in 1966, became Group Treasurer in 1984, became Managing Director and Chief Executive Officer of BP Exploration in 1989 and in September 1991 joined the Board of The British Petroleum Company plc. as a Managing Director.

Lord Browne was appointed Group Chief Executive in June 1995 and following the merger of BP and Amoco, became Group Chief Executive of the combined group in December 1998 (remaining in this position until May 2007).

Lord Browne was appointed the UK Government's Lead Non-Executive Board member in June 2010 and in addition to serving on the boards of a number of portfolio companies in which Other Riverstone Funds have investment interests, is also the Chairman of a variety of corporate, advisory and charitable boards and is a member of the L1 Energy Advisory Board. He is a director of Pattern Energy Group Inc.

Mr. Maini currently serves on a number of corporate and advisory boards including as a member of the Executive Committee of and Advisor to Qatar Foundation Endowment and as Special Envoy for the Office of Her Highness Shiekha Moza Bint Nasser of Qatar.

From January 2002 to June 2007, Mr. Maini was Pro Rector for Development and Corporate Affairs at Imperial College London. He has 30 years experience in the management of technology companies in the defence, electronics, energy and information and communication technology sectors.

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