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CBI's director general Richard Lambert to stand down

David Woods , 29 Jun 2010

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The Confederation of British Industry's director general Richard Lambert, has today announced that he will be stepping down from the role in early 2011.

He was appointed in 2006 for a term of five years.

Commenting on his decision  Lambert said: "Now is the right time in the political and economic cycle for me to hand over to a new director general.


"The CBI is in good shape, with much to do on behalf of its members. The new Government is in place, and is generating a huge range of policy issues which the CBI is getting stuck into. And the economy is moving into a new phase, in which business investment and trade will be the essential engines of recovery.

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"I have no definite plans at the moment, but will be looking for interesting things to do."

CBI president Helen Alexander added: "The CBI has been privileged to have Richard as Director-General. As business was in the eye of the storm during the credit crunch and the recession, his experience and wise counsel proved invaluable.

"He is a wonderful advocate for UK business, his insight and good humour make him a great colleague, and planning his succession is important."


The CBI has appointed executive search specialists Saxton Bampfylde

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