BIZ BUZZ: Global power exec joins Prime Infra board

The country’s wealthiest man, Enrique Razon Jr., has welcomed one of the world’s energy leaders into Prime Infra as the infrastructure group sets sights beyond Philippine shores.

Tony Hayward, former CEO of British multinational oil and gas firm BP plc, has been appointed to Prime Infra’s board of directors effective Aug. 10.

Hayward continues to serve as chair of SierraCol Energy Ltd., Colombia’s largest independent oil and gas exploration and production company.

This move came after Prime Infra had taken over SierraCol Energy in March, expanding the latter’s influence on the international scene.

“We welcome Tony to the Board. His decades of experience across the global energy industry, particularly in upstream and international markets, will bring valuable perspective as we expand our portfolio, integrate new platforms such as SierraCol, and pursue opportunities that can create long-term value for Prime Infra,” said Razon.

Aside from being a rig geologist and leading BP plc’s exploration and production operations before eventually taking its top position, Hayward also served as chair of Swiss diversified natural resources company Glencore from 2013 to 2021.

He earned a PhD from the University of Edinburgh and studied geology at the Aston University in Birmingham. He is a Fellow of the Royal Society of Edinburgh and a visiting professor at the University of Edinburgh’s School of Geosciences.