APA chairman to step down next month

APA Group chairman Leonard Bleasel will step down next month and will be replaced by former AGL Energy managing director Michael Fraser.

APA Group chairman Leonard Bleasel will step down from his responsibilities at the end of the group's annual general meeting next month.

The gas infrastructure major said Mr Bleasel had advised of his intention to retire as chairman of Australian Pipeline Limited, the main entity managing the group's business, after 10 years in the role.

He will be succeeded by former AGL Energy managing director Michael Fraser, who is currently a non-executive director on APA's board.