Refer to the input text as context and select the correct relationship between 'Fairfax Financial' and 'Prem Watsa' from the available options.
Options: position held, currency, chairperson, business division

"Given the volatility of the market, combined with the capital-intensive nature of the business, we believe that APR Energy would benefit from a period as a privately held company as it seeks financial stability," Fairfax Financial Chairman and Chief Executive Prem Watsa said in a statement.
chairperson