Global CCS Institute welcomes new board members
1st February 2019
Melbourne, 1 February 2019: The world’s leading authority on carbon capture and storage (CCS), the Global CCS Institute, has today welcomed three new appointments to its Board of Directors.
- Philip Bainbridge – non-executive Chairman of the Papua New Guinea SustainableDevelopment Program and non-executive director of Beach Energy (Australia);
- Cynthia Wang – Client Advisor, Bridgewater Associates (China);
- Sumie Nakayama – Senior Advisor, Climate Change, J-POWER (Japan).
Welcoming the appointments, Global CCS Institute Chairman, Claude Mandil, said:
“As carbon capture and storage becomes more widely deployed as an essential climate change solution, we are delighted to welcome three new highly credentialled directors to our Board. Their business backgrounds and commitment to address the climate change challenge adds still more depth to an already impressive set of capabilities.”
The appointments bring the total number of Global CCS Institute directors to seven. In addition to today’s three appointments, they include:
- Board Chairman, Claude Mandil (France);
- Shell International, Group Climate Change Adviser, David Hone (United Kingdom);
- BHP Vice President, Sustainability and Climate Change, Dr Fiona Wild (Australia);
- Thunderbolt Clean Energy CEO, Eric Redman (United States of America).
Currently, there are forty-three (43) large-scale CCS facilities globally– 18 operational, five under construction and 20 in various stages of development.
Mr Phil Bainbridge is currently the non-executive Chairman of the Papua New Guinea Sustainable Development Program and a non-executive director of Beach Energy, and was formally Chairman of Sino Gas and Energy Holdings Ltd.
Mr Bainbridge worked for the BP Group for 23 years in a range of petroleum engineering, development, commercial and senior management roles in the UK, USA, Australia and around the world. From 2006, Mr Bainbridge worked at Oil Search initially as the Chief Operating Officer and then as Executive General Manager LNG, responsible for all aspects of Oil Search’s interests in the US$19 billion PNG LNG project.
Mr Bainbridge has a BSc (Hons) in Mechanical Engineering and is a Member of the Australian Institute of Company Directors.
Ms Wang is currently a Client Adviser at Bridgewater Associates and previously held positions as the Managing Director at Rothschild & Co and also the Managing Director at China International Capital Corporation (CICC), covering Energy, Infrastructure and Technology sectors.
Ms Wang has advised many clean energy companies on IPOs, debt and equity financing and Mergers and Acquisition transactions and has more than 20 years of experience in global capital markets and corporate finance.
Ms Wang is a Trustee of the International School of Beijing, holds an MBA degree and an MS in Computational Finance from Carnegie Mellon University.
Ms Sumie Nakayama is currently the Senior Advisor on Climate Change with the Corporate Planning and Administration Department / Thermal Power Department at J-POWER.
Ms Nakayama has established her expertise in research of global energy and climate policy, including the development of low carbon technologies incorporating CCS, and is a specialist inmodel-based energy demand/supply analysis. She worked as a visiting researcher at theCenter for Energy and Environment Policy Research, Massachusetts Institute of Technology.
Ms Nakayama holds a Bachelor of Science in applied physics from Tokyo Institute of Technology and Master of Engineering in Energy Science from Graduate School of Tokyo Institute of Technology.
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About the Global CCS Institute: Our mission is to accelerate the deployment of carbon capture and storage (CCS), a vital technology to tackle climate change and provide energy security. Working with and on behalf of our Members, we drive the adoption of CCS as quickly and cost effectively as possible by sharing expertise, building capacity and providing advice and support so that this vital technology can play its part in reducing greenhouse gas emissions. For more information, visit globalccsinstitute.com