BP backs Amanda Blanc to lead search for new chair despite investor concerns

Senior independent director to handle process again after Albert Manifold’s shock departure last week

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BP has backed Dame Amanda Blanc to lead its search for a new chair for a second time, shrugging off investor concerns over her role at the oil company after the shock departure of its chair last week.

Some shareholders have voiced concerns over Blanc, the senior independent director at the British oil company, running the process again after Albert Manifold’s short stint as chair.