Growing With Singapore | Page 46

Remaking BP in Singapore Official opening of BP Most of the World Mega Data Centre on 26 January 2005. In 2002, Wu was later named President and Country Head for BP Singapore to plan and manage the company’s exit from the downstream business. Wu found himself with the additional challenge to reposition BP and to envision its new future in Singapore. Together with his senior colleagues, they focused on what made BP special and strong. as the basis for BP’s reputation for having a “family” foundation. They would form the foundation for the company’s knowledge strategy and re-building. “We became asset light but remain business heavy. We expanded trading and supply activities, grew the lubricants business, and maintained the marine and aviation fuel headquarters in Singapore,” said Wu. The company has the feel of a family bound together by a strong set of values. If you speak to anyone who has been working in BP for some time, you will hear the reference to family quite a bit. Wu also highlighted a number of vital knowledgebased functions performed out of Singapore in support of BP’s businesses around the region and the world: audit, tax, legal, information technology (IT), compliance and human resources. “When you combine the business activities and After extensive consultation with his colleagues, Wu identified five values and code of behaviour 46