Richard Lambert is stepping down from the Confederation of British Industry post next year. CBI is UK’s top business lobbying organisation.
He said, “Now is the right time in the political and economic cycle for me to hand over to a new director general. The economy is moving into a new phase, in which business and trade will be the essential engines of recovery.”
He spent 5 years at the helm of the business lobby group. He was previously a member of the Bank of England’s monetary policy committee and past editor for the Financial Times.
The CBI maintains an important role in the business landscape for the UK. It is a non-profit organisation which promotes the interest of its members, 200,000 British businesses, through lobbying and advising Governments and networking with other businesses.
The CBI has appointed an executive search specialist to find a successor for Lambert.