Paul Drechsler CBE, CBI President, said:

“At this important time for the economy and the country, John Allan brings a wealth of business experience to further strengthen the CBI’s Board. John’s extensive experience in the logistics, business services and retail sectors coupled with his board experience in construction and finance will provide terrific insights into consumers and the economy across all parts of the country.”

The CBI Board and CBI Chairs’ Committee unanimously supported his appointment.

In line with the CBI’s Royal Charter, John Allan will be Vice-President until the CBI’s next AGM. He will, if invited to do so by the Chairs’ Committee, be eligible to stand for election at the next AGM where all CBI members are eligible to vote on his appointment.

The role of CBI Vice-President has been vacant for a number of years. The CBI Board has agreed the appointment of a Vice-President in line with good governance practice.

John Allan is currently Chair of Tesco plc and Barratt Developments plc. He currently Chairs London First and is a non-executive director of Worldpay.

Source: CBI

Image: Tesco PLC