BP has appointed Ian Tyler as its permanent chair, ending a months-long search triggered by the controversial removal of Albert Manifold in May. The move is intended to draw a line under recent boardroom turmoil at the oil and gas company, with Tyler having already been serving as interim chair since Manifold's abrupt exit after just eight months in the role, amid disputed claims about his conduct and management style.

Tyler, a former chief executive of Balfour Beatty who also chairs Grafton Group and sits on the boards of Anglo American, Cairn Energy and BAE Systems, takes over immediately and says he will "lead the board's evolution" while improving shareholder engagement. Separately, Amanda Blanc, the senior independent director who oversaw the chair search and had faced criticism over Manifold's short tenure, announced she will step down at next year's annual meeting. Tyler now oversees BP's strategic shift back towards fossil fuel extraction and away from renewable investments, as the firm posts its highest quarterly profits since the early stages of Russia's war on Ukraine.