BHP appoints new Head of Investor Relations and leases head-office for spin-off South32

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Adrian Wood, now former Division Director of Macquarie Securities, is the new Head of Investor Relations at BHP Billiton.

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“Adrian has built a successful career in equities research both in Australia and abroad and is considered a leader in his field across the mining and metals and energy industries. He brings global experience and expertise to the Investor Relations function particularly in commodities, oil and gas production and exploration and we welcome him to the BHP Billiton team,” said BHP Billiton CFO Peter Beaven in a news release.

Mr Wood will assume his new post on 18 February, 2015. He served as Division Director at Macquarie Securities for three years and will now relocate to Melbourne to replace Brendan Harris who was previously announced as Chief Financial Officer Elect of BHP Billiton’s proposed demerged global metals and mining company, South32.

Mr Wood was also a Senior Equity Research Analyst with Macquarie Securities and held senior roles with UBS Investment Bank in London including Director – European Oil and Gas Equity Research and Associate Director – European Equities Trading.

BHP also announced that it has signed a 10½-year lease deal for an 8,300sqm office space at 108 St Georges Terrace, Perth, for its $14 billion spin-off South32.

The lease begins in May when BHP shareholders will vote on the spin-off.

South32 will have a right to exclusive roof top signage, where the company will have “the best access and time zone coverage for Australia, South Africa and Singapore”.

South32 will operate aluminium, nickel, silver and coal assets, with around 25,000 employees across southern Africa, Australia, Colombia and Brazil.